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Here are 108 Project Management Statistics that will help you ensure project success

Here are 108 Project Management Statistics that will help you ensure project success

It is difficult to manage projects in all their complexity. Many organizations are now experimenting with remote operations. This is causing new challenges. But, good project management is still an integral part of any organization’s success.
Today’s rapidly changing landscape in project management is transforming the nature of work. Project managers must be able to create and deliver value through projects, even though change is not new. They must be able to quickly adapt to changing needs, whether it’s new tools, techniques or ways to minimize project failure. These statistics are critical for project management to gauge these changes and navigate around them. Projects are delivered by people, not processes, tools, nor systems. You can sharpen your skills by staying up to date with the latest facts and statistics, and become a better project manager.
These statistics can help you ensure project success.
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Methodology Statistics for Project Management
Project managers have many options when it comes to project management. The right methodology can help project managers streamline their workflow and maximize their productivity. These are some shocking statistics about project management.
Source: Infinity
1) According to a PMI survey, 71% of respondents use Agile project management very often.
2) The same study also shows that PRINCE2 does not have a large following.
3) According to a PWC global survey on project management, 97 percent believe that the right project management method is crucial for ensuring business success.
4) 60% of project managers use a predefined project management method.
Statistics on Project Management Benefits
It is the decisions made by project managers that make a difference in a project’s success. The right project management techniques can increase your chances of success. These statistics prove it.
Source: Kissflow
5) According to Pulse of Profession, organizations with a well-structured project management system have a 38 percent higher chance of project success.
6) Only 21 per cent of organizations use standard project management systems such as Agile or waterfall.
7) Approximately 200 percent of IT projects are over budget.
8) 41% of organizations with poor project performance indicated that they were not supported by project sponsors, organizational leaders, or project management.
IT projects with a budget of around $1 million have a 50/50 chance of failing.
10) Project management software can help you save up to 10 minutes each day.
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Statistics on Adoption and Project Management
Research has shown that project management practices can significantly increase your chances of project success. Effectively implementing them will allow an organization to keep up with market changes and business needs. Here are some statistics about project management.
11) 21 Percent of organizations use a standard set of project management techniques.
12) 55 percent of project managers said they prepare a scope before execution.
13) Project management industry is expected to grow by $6.61 trillion.
14) 28 Percent of organizations use project performance techniques around the globe.
15) 77