Pulse of the Profession

 

 

 

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PMI’s Pulse of the Profession is an annual global survey of practitioners and project management leaders. The latest survey contains feedback from over 1,000 professionals across a variety of experience levels and industries.  Here are some areas of finding that PMI published on March 2012.

http://www.pmi.org/Pulse.aspx

Some of the glaring fact :
 

Average 36% of projects do not meet their original goals and business intent, organizations are putting at risk twelve cents for every dollar spent on projects. Therefore, just over US$120,000 is at risk for every US$1 million spent on projects. (ref:page8)
 

Let us break this down, which means "US$120,000 is at risk for every US$1 million" spent. And we still take project management skill for granted.

64% of projects successfully met their original goals and business intent in 2011. Which means…over one third did not.

On the face of it, it sound reasonable when the survey mentioned that :

Unfortunately, the one area that showed a significant decrease from our previous survey is one of the most important: formal “talent management” processes to develop project managers. Potentially a result of the challenging economy and popular austerity measures, some firms appear to be cutting back on developing their project management staff.
 

Download the article to check out the rest of it.

Download link : 

http://www.pmi.org/~/media/PDF/Research/2012_Pulse_of_the_profession.ashx