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Study reveals main causes of project management issues in UK

 

PM INDUSTRY NEWS

Nation-wide study of 500 professionals within the IT, Telecoms, Marketing and Engineering sectors, shows rate of overrunning projects.

13 June 2017 – London, UK – A new study of 500 professionals companies in the IT, Telecoms, Marketing and Engineering sectors conducted for software provider Access Group, reveals that more than 75% of projects overrun due to ‘a lack of resource’ and ‘poor time management.’

Access Group commissioned One Poll to survey 500 professionals within the IT, Telecoms, Marketing and Engineering sectors who manage projects on a daily basis. The online survey was completed during 5-9 May 2017.

Among the key findings:

  • Only 25 respondents were able to say that less than 10% of their projects stayed on schedule
  • 15% of respondents claimed that a lack of tools was the main reason for projects overrunning
  • The East of England was found to be the least efficient amongst the regions, with their projects overrunning between 91%-100% of the time

Steve Berridge, Director, Access Group commented: “Utilisation is a key metric within any project based company. It’s important to understand the individuals within the organisation and where they’re spending their time to make sure their time is focussed on fee related activity rather than non-fee related activity, such as internal meetings and proposal writing. Too many organisations can recruit more than they need, therefore bringing in more cost to a business without considering utilisation first.”

Access Group is a business software provider headquartered in London with over 900 staff across 14 offices in the UK. Learn more at http://www.theaccessgroup.com/

For further information contact Saima.zulkernain@tugagency.com