The document discusses key challenges with project management including lack of visibility into project status and resource management. It notes that 77% of companies use project management software and 87% of high-performing companies use such software. The top reasons cited for using project management software are capturing time/cost of projects, lack of a central source of project information, and poor visibility and resource management. The document also provides statistics on common causes for project failure related to planning, communication, and lack of segmentation into deliverables. It recommends the use of project management software to help address challenges and improve outcomes.

1. Capturing time/cost
of projects:
No central source of
project information:
Poor visibility &
resource management:
Lack of visibility into
work in progress:
62%
35%
31%
21%
77%
of companies use project management
software, and 87% of high-performing
companies use project management software.
Top Business
Challenges that
Lead People to Project
Management
Software:
project MANAGEMENT
crm &
project
MANAGEMENT
There are many reasons projects fail. One of the biggest reasons?
Poor project management. Research shows that team
communication can improve by a staggering 52% with the right
project management software. With the right tools, the right
team, and the right amount of planning, your next project
success is well within reach.
30%
of project managers break up large
projects into smaller segments, with
deliverables and evaluations at
the end of each segment.
of companies successfully
complete 100% of their projects.
2.5%
of projects fail due
to breakdown in
communications.
57%
What's Going on
with My Project?
of projects fail due to
lack of planning,
resources, and activities.
39%
Finding the right
project management
software is key:
The trend in project
management solutions is
moving to the cloud.
Most-wanted features include:
Functionality
Ease of Use
40%
24%
Project management focuses on the completion of a
series of tasks to achieve a larger goal, or to complete
a project. It’s about the ability to remain flexible,
determine and change priorities, and focus on
completing one task at time without distraction.
Sources:
http://www.capterra.com/project-management-software/user-research/
http://www.gallup.com/businessjournal/152429/cost-bad-project-management.aspx
http://www.it-cortex.com/Stat_Failure_Cause.htm
http://www.pmi.org/~/media/PDF/Business-Solutions/PMI_Pulse_2014.ashx
http://www.decium.co.uk/pages/Project-Management-Statistics.html
http://www.pmi.org/~/media/PDF/Business-Solutions/PMI_Pulse_2014.ashx
http://www.theaccessgroup.com/media/250643/5_project_lessons_to_take_into_2014__whitepaper_v2.pdf
http://reports.informationweek.com/abstract/83/12175/IT-Business-Strategy/research-2014-enterprise-project-management-survey.html
http://reports.informationweek.com/abstract/83/12175/IT-Business-Strategy/research-2014-enterprise-project-management-survey.html
http://www.pmi.org/learning/pulse.aspx
http://www.capterra.com/project-management-software/user-research/
https://www.insightly.com/integrations/
customer relationship management +
project management =your all-in-one,
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