The Value of Project Management PMI’s 2018 Pulse of the Profession® Caterina La Tona – Chair, 2018 PMI Board of Directors March 2018.

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Presentation transcript:

The Value of Project Management PMI’s 2018 Pulse of the Profession® Caterina La Tona – Chair, 2018 PMI Board of Directors March 2018

Project managers make dreams come true

“What do you do?”

Business Disruption is all around us

Strategic change looks toward the future and happens through projects

Strategic change looks toward the future and happens through projects Yet fewer than 3 in 5 organizations understand the value of project management

Strategy-Execution Gap

$99 million On average, organizations waste for every $1 billion invested

$108 million On average, organizations waste for every $1 billion invested * Pulse of the Profession ® 2018 Research Findings – UK

Pulse of the Profession®

Skills Benefits Sponsor Agility Drivers of Success Can you identify when to use the correct approach? Are you ready to be a project leader? Can you connect your team to the dream? Do you know what motivates your executive sponsor?

PMI Talent Triangle®

Learning from communication failures

Skills Benefits Sponsor Agility Drivers of Success Can you identify when to use the correct approach? Are you ready to be a project leader? Can you connect your team to the dream? Do you know what motivates your executive sponsor?

Benefits Realization Maturity

Benefits Realization is about the “why” Benefits Realization

Skills Benefits Sponsor Agility Drivers of Success Can you identify when to use the correct approach? Are you ready to be a project leader? Can you connect your team to the dream? Do you know what motivates your executive sponsor?

Executive sponsorship is essential

Skills Benefits Sponsor Agility Drivers of Success Can you identify when to use the correct approach? Are you ready to be a project leader? Can you connect your team to the dream? Do you know what motivates your executive sponsor?

Agility - Knowing when to use agile approaches is key In our study, twice as many champion organizations reported frequent use of agile practices than low performers. 21

Giving Back!

Making dreams come true 24