The demand for project management has increased across the board over the last two decades and is now required in all organisations, whatever their size. However, when projects fail, organisations lose money and market share and become much less likely to execute their strategies.
In the past, project management was associated with big-scale infrastructure and consultancy or IT programmes. However, when people think about smaller pieces of work, they are starting to recognise that having those project management skills internally is very useful.
In its latest global survey on project management, PricewaterhouseCoopers (PwC) found that 97 per cent of respondents believed it was critical to business performance and organisational success.
The importance of training in project management was further highlighted in PwC’s survey, with 67 per cent of respondents stating that it contributed to business performance.
Projects need to be managed by skilled, certified professionals in a standardised way throughout an organisation and aligned with organisational strategy to ensure success.
Not only are project management professionals in strong demand, but organisations are increasingly recognising the value of professionally certified project managers. As a result, the salaries of such project managers around the world continue to climb.
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