NEWS & EVENTS
Press Releases
Media Coverage
Events
Tradeshows
Newsletters


Survey Reveals Project Success Centers on Interaction among Senior-Level Executives, Aligning Projects with Strategy, and Implementing Project Management Offices

September 12, 2005, Alexandria, VA—A study released today found that organizations with a process for aligning projects with strategy and leveraging program management offices (PMOs) experience greater success in projects coming in on time and on budget. These findings are results of a survey conducted by Robbins-Gioia, the leading provider of program management services. A survey of 100 senior IT executives revealed an additional importance in executive interaction among chief information officers (CIOs), chief financial officers (CFOs), and chief operating officers (COOs) in project and business management success.

According to the study, CIO, CFO, and COO interaction at organizations leads to increased project success. Of those respondents who indicated that their senior-level executives interact on a daily basis, 62 percent felt that their projects always or often come in on time and on budget. Of those people who identified with managing projects successfully in their organizations, 63 percent had a PMO in place and a process for aligning projects with strategy.

The survey revealed that 83 percent of the organizations with a process in place for aligning projects to strategy reported no more than 25 percent redundancy in projects, while 35 percent of organizations with no such process in place experienced significantly greater project redundancy. Of respondents that identified minimal redundancy, 72 percent indicated having a process in place for aligning projects to strategy.

“This survey confirms the significant role of project management tools as well as C-level executive interaction in managing successful project execution,” said Carina Veksler, Robbins-Gioia senior research manager. “Not only are organizations experiencing greater efficiency in their projects, but they are also minimizing redundancies, and keeping on time and on budget with implementing a project strategy and a PMO.”

About Robbins-Gioia
Robbins-Gioia has been dedicated to delivering management consulting solutions to government agencies and Fortune 500 companies for more than 20 years. Robbins-Gioia combines thought leadership, disciplined processes, industry-based knowledge, and integrated tools to help global customers optimize their business processes, accelerate change, and establish time, cost, and quality improvements to transform their businesses. For more information, please call Robbins-Gioia, LLC at 800-663-7138, or visit the web site at www.robbinsgioia.com.

 

Go to PM Boulevard.Go to PM Telco.Sign up for a free subscription to Premier, Robbins-Gioia’s action-oriented quarterly newsletter that addresses contemporary program management topics and events.
I am a(n) 
   
my challenge is  
 
Copyright © 2008 Robbins-Gioia, LLC     Legal Disclaimer | Code of Ethics | Privacy Policy