What CFOs Should Know re: Project Management

On average, organizations in the public and private sectors waste $109 million for every $1 billion invested in projects and programs — almost 11 cents on every dollar, according to research results reported in PMI’s Pulse of the Profession report. More than half of projects are over budget, a third fail to achieve business objectives, and 17% fail outright. Had someone presented those numbers to me when I was CFO, I’d have broken into a cold sweat.

via What CFOs Should Know re: Project Management.