PMI's Pulse of the Profession: The High Cost of Low Performance 2014

By Project Management Institute

Strategy

Organizations today face a chasm between what they should be doing--aligning projects to their strategy--and what they are able to accomplish. As a result, 44 percent of strategic initiatives are unsuccessful. PMI’s 2014 Pulse of the Profession, its annual global research, examines the impact of the implementation of project, program and portfolio management. This report demonstrates that in order to remain competitive, organizations must place a strategic focus on people, processes and outcomes. And the time to act is now.