our employer is wasting 12
percent of their project spend due
to poor performance. That figure
has not changed much over five years.
What can you do?
In PMI’s latest Pulse of the Profession®
report, we introduce the concept
of project management technology
quotient, or PMTQ. Bolstering this
attribute is a way to embrace the way
work is being performed today.
What is PMTQ? It is a person’s ability to
adapt, manage and integrate technology
based on the needs of the organization
or the project at hand. It is defined by
always-on technical curiosity and an all-inclusive leadership. For organizations,
it means a future-proof talent pool.
The term TQ (technology quotient)
has been used for a few years, but
now it’s taking on a new urgency as
people and companies search for digital
sustainability—the capacity to adapt to
the constant whirl of change brought
on by advances in technology. And for
individuals, few jobs will revolve around
static responsibilities. More and more,
people in all roles will be expected
to manage a portfolio of projects.
Increasingly, those projects will be tied to
technology, such as artificial intelligence.
PMI developed the tenets of PMTQ
by drawing on insights from innovator
companies that put a high priority on
digital skills acquisition and knowledge
coupled with a commitment to a strong
project management culture.
For anyone tasked with turning strategy
into reality in a world constantly being
reinvented by technology, PMTQ will
be a core competency—the must-have,
make-or-break skill set.
Pulse of the Profession® 2019
It’s Time for You—and Your
Organization—to Look at PMTQ
YDisruption Is Happening While data show that nearly 80 percent of organizations have
undergone a significant transformation
using disruptive technology, only
25 percent of those initiatives have
yielded tangible benefits realized
against their original goals.
To get the most out of their
organizations will need the right people
with the right skills working on the right
projects. PMTQ will help, if companies
invest in training and reskilling
programs. Organizations must build the
flexibility to accommodate whatever
skills, capabilities and project delivery
approaches are needed for specific work.
PMTQ innovator organizations take the
lead on project outcomes. This means
11thGlobal Project ManagementSurvey