INTERESTING FACTS ABOUT PROJECT MANAGEMENT

Welcome to the 2nd half of 2024. How far have you come with regards to your 2024 goals? How about your PMP dream? It is the perfect time to give you some new motivation to propel you to take the PMP training. Here are 15 interesting facts that will get you wowing about PMP.

Did you know that;

  1. $200bn has been added to UK economy by project management.
  2. There are 2.2 million people working full-time in project management in the UK.
  3. Value of project management in 2013 was $12 trillion, and is expected to rise to $20 trillion by 2027.
  4. One of ten most-in-demand jobs which will have staying power into the 2030s is that of the Project Manager. (Microsoft & Linkedin).
  5. “Soon in IBM, we will no longer have job descriptions. We will have only project descriptions.” (IBM Senior Executive).
  6. There are 90 million Project professionals currently employed in industries across the world.
  7. PMI was founded in 1969 at Pennsylvania, USA.
  8. PMI is the most popular Project Management organization in the world with over 3 million members, 300 chapters and in 200 countries.
  9. The estimated number of new Project Management employees needed around the world by 2030 is 25 million.
  10.  The median salary for PMP holders is 20% higher than for non-certified project managers.
  11. 32% of projects fail due to poor management.
  12. 97% of businesses believe that project management is essential for success.
  13. According to Institute of Fiscal Studies, Ghana loses $25m per year due to negligence, corruption and poor project management.
  14. In 2016, the US Senate signed the Project Management Program Management Improvement and Accountability Act.
  15. In 2017, the Queen of England accorded Royal Charter status to the Association of Project Management.

Which fact do you find surprising?

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