Alarming Statistics

• For every $1 billion invested in the United States, $122 million was wasted due to poor project performance
• 75% of business and IT executives anticipate their software projects will fail
• High-performing organisations successfully complete 89% of their projects, while low performers complete only 36%
• 39% of projects fail due to lack of planning

Source: Journal of Project Management 2019

Cannot pull a project back on track

• Current resources are already tied up with current deliverables and unable to put additional effort into reducing the delay
• The Project Manager is focused on the day-to-day deliverables and not looking at the project holistically