Companies waste $122 million for every $1B – need greater investment in project management

http://www.projectmanagement.com/articles/331859/Planning–Assessing–Analyzing-and-Monitoring-Country-and-Political-Risk-During-the-PMI-Risk-Management-Process

 

High Risk Ahead?

Project outcomes are better in organizations that invest in ongoing project management training

High cost of poor project performance: $122mil for every $1B invested. More investment in PM essential to org health

Robust risk management strategy must include project management component

Organizations waste US$122 million for every US$1 billion invested due to poor project performance ? a 12 percent increase over last year.

 

83% of high-performing organizations “always” or “often” manage risk together w/project management, says PMI report. https://t.co/u0qJr5T6SD

— 3SixtyPharma (@3SixtyPharma) June 2, 2016