Newstalk, Breakfast Business Radio Interview
Gavin McLoughlin, Breakfast Business Show host on Newstalk, interviewed Raymond Poole, CEO PM Summit in the context of the survey press release that failed projects are costing Irish companies on average €580,000. The item was led by the survey results, including the costs to Irish businesses of failed projects, how this can be avoided and advice for companies scoping new projects.
Some highlights from the survey are:
• Over 400 Project Managers took part in the survey
• A fifth of recent projects have failed at an average cost per project of €580,000
• Over 60% of businesses are planning to increase investment in project management training this year with an average increase spend of 16% over that of last year
• Most common reasons cited for project failures were:
o Too many scope changes
o Communication and organisational problems
o Poorly defined objectives
Raymond Poole, CEO of PM Summit, will be delivering the full results and findings of the PM Summit 2018 survey at this year's conference on 17-JUL-2018 at the Convention Centre, Dublin.