Project Management: The Groundhog Greets Everyday

Some things do not change. For example, the cycle of the seasons or the fluctuation of ebb and flood are fairly constant affairs. Some things, however could well change. It would even be desirable if they did. Only: You don’t do it. If you look at the current success rate in project management determined by the Project Management Institute (PMI), it can remind you of the Hollywood film mentioned in the title.

 

More than every third project fails

Just as Bill Murray experienced the same day over and over again in the film “Groundhog Day”, PMI has been bringing the same customers for years. In January 2015, its survey of 2500 IT project managers resulted – once again – in the number 64. A number that is set in stone. Even in previous years there was always 64 percent of all projects in the world that led to the desired success. Thus, more than one-third of all projects fail.

 

Corporate culture is missing

In particular, the study continually blames the stalemate on the absence of project success promoting enterprise culture. Successful companies attach importance to fostering talent and the right way of thinking. Another point: There is a lack of transparency, knowledge is not shared, information is not available to all project participants. According to PMI, institutionalised knowledge management is in demand.

 

Yes there is no DMS?

It would be interesting to make a follow-up study: Which of the companies surveyed actually have IT tools that efficiently organise knowledge and information and provide for everything? Tools that allow cooperation even across borders and time zones? Of course, nobody asks. But that’s not really bad either. That document management systems and automated workflows can be a powerful tool to place project participants in a position to concentrate on the essentials and achieve their goals more quickly and efficiently, and to document what has been achieved, is ultimately just as sure as ebb followed by flood. The groundhog says hello!