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The High Cost of Low Performance

​In today's business environment, companies are being challenged to do more with less. Some companies are struggling to deliver on time, under budget projects. Springhouse understands the challenges organizations are now facing and have created courses and consulting services aimed at helping you overcome them.

Today's Reality​

Managing Projects in a Complex Environment

 

 Three factors are creating complexity in today's business landscape:

                

 

The Real Risk of Undervaluing Project Management

 

Only 54%

Believe their organizations understand the value of project management.

 

  • And only 6% say that project management-related roles rank at the C-level in their organization
  • Organizations are now providing less training and development to mature project management practices.​ ​
     

 

​The percentage of projects meeting their original goals and business intent is declining.

 

What does poor project management mean for organizations?

Low performing organizations risk 14 times more money than high performing organizations.

                

 

The Way Forward​ ​ ​

​Create efficiencies to drive organizational success. ​Focus on talent management and improving its role in project management. ​Employ project, program and protfolio management practices strategically to reduce risk of wasting money.​

What does a high performing organization look like?

  • Organizations that complete 80% or more projects on time, on budget and within goals are considered High Performers.
  • Whereas organizations that complete 60% or fewer projects on time, on budget and within goals are considered Low Performers.
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© 2013 Project Management Institute, Inc.  Pulse of the Profession, March 2013.  http://www.pmi.org/pulse

 

 

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