Remove 2016 Remove PMI Remove Risk Remove Underperforming Technical Team
article thumbnail

Project Management Statistics: 45 Stats You Can't Ignore

Workamajig

68% - more than 2/3rd - of organizations in PMI's annual survey said that they used outsourced or contract project managers in 2018. ( In 2016, PMOs delivered a 33% improvement in projects delivered under budget, 27% improvement in customer satisfaction, 25% increase in productivity, and 25% reduction in failed projects. PMSolutions ).

article thumbnail

Agile Beyond IT: Lean Thinking

The IIL Blog

It developed the just-in-time delivery model, which freed up working capital. Companies innovate and develop new products. They quickly abandon “bad” ideas and pursue valuable ones. Their teams are more productive, creative, and innovative. At regular intervals, teams review their performance and identify ways to improve.

Lean 164
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Project Management and Artificial Intelligence: Bring It On!

The IIL Blog

could simplify creating the project schedule and documenting underlying assumptions, constraints, and risks. However, the project manager, resource managers, and team members would still be required to review and validate the plan. Imagine a tool that takes requirements, develops test conditions, and automatically execute the tests.

article thumbnail

5 Reasons Engineers Need to Develop Project Management Skills

LiquidPlanner

Project Management Institute’s (PMI) 2016 report The High Cost of Low Performance: How will you improve business results? cited that $122 million was wasted for every $1 billion invested due to poor project performance. The reason should be obvious: project team members and stakeholders are humans or groups of humans.

article thumbnail

Project Success: Implementation AND Adoption

The IIL Blog

The development team was devastated. In my consulting practice, I see development teams struggling with their users. A primary reason is poor stakeholder engagement. Common risks include: Lack of stakeholders and executive engagement. Poor alignment with project objectives and expectations.

article thumbnail

Improve Your Project Schedule

International Institute for Learning

Even with these powerful tools, only about half of all projects are completed on time, as reported in the PMI Pulse of the Profession.® These tools were developed in the 1950s to manage the U.S. The plans will be more realistic, helpful and lead to happy customers and project teams. Minimize Complexity Complexity adds risk.

article thumbnail

How to Build a Robust Project Risk Culture [8 Steps]

Online PM Courses

A robust risk culture goes beyond having a strong basic risk management process. Some of my readers may hope to influence the risk culture of their whole organization. For you, the right aspiration is to build a positive risk culture within your project. What is Risk Culture? Behaviors and Practices.

Risk 90