Original Source:  Project Management Institute

“Organizations need to return to the basis of project, program and portfolio management. By focusing on developing a culture of project management, cultivating talent and defining processes, organizations will capture value and gain competitive advantage.

The report shows that high performers focus on:

Greater knowledge transfer effectiveness

More rigorous risk management

More frequent use of agile/incremental/iterative practices in project management

Higher benefits realization maturity

This Pulse research found that organizations wasted US$109 million for every US$1 billion invested in projects and programs. But organizations that embrace, value and utilize project management report more success, less waste and a greater competitive advantage…”

https://www.pmi.org/learning/thought-leadership/pulse/capturing-the-value-of-project-management

Contributors: Open Source
Categories: SIG U Resource, Tool
SRC Type: Sourcing, Strategy