RSSKPMG – Global IT Project Management Survey – 1
KPMG, Conducted a survey of 600 Organisations across 22 countries and published the Global IT Project Management Survey. I was just flipping through the same , below is a summary of the findings at a glance section, more from the survey to follow.
Findings at a Glance:
- Increased commitment to achieve business results through project outcomes
- Compliance and performance initiatives drove and continue to drive increases in project activity, budgets and complexity
- Definition of project success evolved, No longer traditional measures of on time and on budget apply. Now success is meeting projects (business) benefits.Success rates of project – Improving trend.
- With the new definition of success, Success or Failure has become a matter of interpretation.
- Flawed Governance model, Executives involved in selecting and approving project, but rarely involved in delivery
- Inadequate benefits management processes (to measure project benefits) leading to unquantifiable degree of benefits leakage.
- Where/when benefits are measured its identified that – There is forfieture of up to 1/4 of promised business benefits across the project portifolio.
Source: KPMG AustraliaPrashanth RaiTag(s):IT+ROI, IT+Projects
