Effective project management is key for organizations to reach their goals. However, ensuring that projects come in on time and under budget can be extremely challenging. Although every project presents different challenges, experienced project managers are worth their weight in gold.
Obviously, everyone has to start somewhere, but there’s no denying that experience and proven methodologies work. In one study, conducted in 2018 by the Project Management Institute, organizations that used proven methods in their project management approach hit their goals 78% of the time.
They also largely came in within budget (67%) and on time (64%). This proves that although there are no guarantees of success, using mature project management approaches is reliable and helps to set projects up for completion.
Source: https://www.entrepreneurshipsecret.com/project-management-kpis/