Fun Project Management Facts and Stats
Before we wrap these project management statistics up, here are a few fun facts and stats that everyone should know.
21. There are approximately 16.5 million project managers in the world.
(Source: Project Management)
Yep, that’s right. Approximately more than 16 million people around the world are employed as project managers.
What are the most used project management methodologies?
22. Agile, Waterfall, Six Sigma, and Muri are amongst the most popular project management methodologies.
While Agile, Waterfall, Six Sigma, and Muri are the most popular, other methodologies are used, too. These include Scrum, Lean, Kanban, and PMBOK. On the other hand, PRINCE2 is the least popular project management methodology.
23. More than 50% of projects fail.
(Source: Project Management Institute)
The pmi project failure statistics are eye-openers, to say the least. More than half of all projects fail. In the IT sector, 17% of IT projects fail so significantly that they could bankrupt the whole company.
24. Agile projects are 28% more successful than traditional projects.
(Source: PWC Projects)
Project management success statistics reveal that projects employing the Agile methodology are significantly more successful than non-Agile projects.
25. Project Management trends in 2020 include AI, hybrid project management, better data management and remote working
(Source: Proof Hub)
By now, we all know what 2019’s trends were thanks to the project management statistics 2019 brought with it. But what are the 2020 trends so far? AI, hybrid project management, better data management, and a rise in remote working are all things to keep your eye on this year.
Project management is an industry that needs to get with the times in order to keep up with the growing list of demands that the digital-centric world brings with it.
The benefits of project management software use are clear for everyone to see. And in the hyper-competitive landscape of business today, they simply cannot be ignored.
Have these project management statistics helped you realize that it’s finally time to take the plunge and invest in project management software?