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Published by Project Management Institute A Supplement to PM Network^®

MAY 2009

Pulse of the Profession…

More projects are being completed on time and within budget these days, and a larger percentage of projects are meeting their goals. Those are among the findings of a global

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survey, recently completed by the PMI Market Research Department, which identified relationships between certain practices and better project performance. The “Pulse of the Profession” survey tracked trends in the practice of project management that may affect the profession and PMI. The survey questions were organized into five categories:

■ Centralization of project management within organizations;

■ Project management maturity;

■ Project scope and success;

■ Project complexity; and

■ Corporate social responsibility.

The survey was sent to 1,691 PMI members and credential holders who are not trainers or consultants, and generated a good 21 percent response rate. The margin of error was ± 2. 4 per-

cent at a 95 percent confidence level.

The results of this survey, completed in late 2008, provide significant insights when compared with the results of an identical survey in 2006.

More Successes

Since the 2006 survey, there has been a significant increase in the percentage of projects finishing on time (55 percent, up from 53 percent in 2006) and within initial budget (58 percent, up from 55 percent). In the current survey, 65 percent of respondents say there has been an increase over the past two years in the percentage of projects successfully meet-