Are PMs finally paying more attention to outcomes?

Interesting study reported by (here) on the relative importance of project success measures among the Irish project management community

The most important measure[s] of success among the respondent project managers [were] to achieve organisational objectives (70pc)… and matching stakeholder expectations key for 63pc.

Being on time and on budget were only rated about half as highly, which struck many as negative.  Like most IT environments, about half of Irish IT projects are either late or over budget.

However, I’m encouraged by those relative priorities.  My experience is that PMs too often focus too intently on time and budget, to the detriment of delivering valuable and appropriate outcomes.  While going over budget or schedule lowers a project’s ROI, doesn’t generating deliverables that do not conform to requirements or expectations end up lowering ROI even more?  Or worse, making it negative?

On time and on budget means nothing if one delivers nothing.

Hat tip: PM Think (here)


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