The success rates for projects globally have remained static for years and not in a good way. The Project Management Institute’s Pulse of the Profession 2019 report acknowledges this fact by stating upfront that “project performance isn’t getting any better.”
It’s estimated that only a third of projects globally are actually delivered on time and to budget, with KPMG estimating that less than two per cent actually achieve their ROI. If less than a third of people turned up for work every day and when they did they were only two per cent productive, would that be acceptable?
Most organisations think that the answer is “silver bullet” method and a plethora of buzzwords and approaches used in different industries and contexts. However, these will only ever provide a short-term lift, because the root cause of failure continues to be the behaviours of those who are accountable and responsible for projects.
Learning from those who do delivery consistently well, here are five factors of consistently great projects.
Organisations that want to improve the way they deliver projects have a decision to make. Do they want to continue to buy off the shelf “quick-fix” solutions that may provide some short-term improvement or invest time, effort, and money into developing a culture that consistently knows how to get the job done?
Colin D Ellis, project management & culture change expert and author of “The Project Book: The Complete Guide To Consistently Delivering Great Projects”