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5 Project Management Trends You Should Know in 2023

LiquidPlanner

Instead, follow these basic guidelines: Make sure there is a strong strategy and that your projects align to it so the organization is doing the right work. Focus solutions on value for money across the whole product lifecycle, not just your ‘project’ part. Get good at budgeting so you keep project costs under control.

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100+ Project Management Statistics & Facts To Remember in 2019

ProProfs Project Management

50% of projects that fail have a budget of over a million US dollars. 27% of projects usually run over-budget. Only 36% of projects are completed when they are executed by low-performing companies. 46% of companies have come forward to accept that they do not understand the need or importance of project management.