Project Management

The Gap Between PM Need and PM Investment

Andy Jordan is President of Roffensian Consulting S.A., a Roatan, Honduras-based management consulting firm with a comprehensive project management practice. Andy always appreciates feedback and discussion on the issues raised in his articles and can be reached at Andy's new book Risk Management for Project Driven Organizations is now available.

As I continue to look at different elements of the new PMI Pulse of the Profession® 2020 Report that has just come out (you can download your own copy here), I’m struck by two particular statistics:

  1. 61% of respondents reported that their organizations provide project management training
  2. 47% reported their organizations had a defined career path for project professionals

In some ways, those are encouraging numbers, but I can’t help thinking that they should be higher (and I suspect you do, too).

I know that there are some organizations—in fact some industries—where formal project management (agile or waterfall) is still uncommon, but that doesn’t explain why almost two in every five organizations have no project management training for their employees. And it certainly doesn’t explain why more than half of organizations have no defined career path for project professionals.

What exactly is happening?

Paying the price for commoditization
There’s no single answer to that question, but having spoken with a lot of different organizations and project managers, I think I know one of the major factors. In much of this, millennium project management has been viewed as a commodity function.

That is, for most initiatives, the project manager appointed was fairly interchangeable; there wasn’t a need to appoint a …

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