Over the past year, project failures and suspensions remained at a high of 10 percent, consistent with the results put forward in the 2011 Planit Index.
Unfortunately, 2012 also saw the number of projects completed in an optimal manner decline to just 39 percent – the lowest recorded figure in the six year history of the Planit Index. This represents a significant drop from just two years ago when half of the projects undertaken were completed on time, budget and scope.
Results of the 2012 Index also pointed to a 9 percent increase in projects completed over time and budget, approaching a third of projects.
This information provides a warning for organisations seeking to minimise budget blow-outs, suggesting that their current strategies may need to be re-examined.
Planit Testing Index 2012: Project Outcomes
Planit Testing Index 2012: Project Outcomes – 3 year comparison
2012 2011 2010