Last updated on 19th April 2024
Article Contents
General project management stats
Does project management result in success?
Statistic
Projects that implement project management best practices are 2.5 times more successful.
Source: TeamStage
Is project portfolio management important?
Statistic
Yes, project portfolio management is extremely important – so much so that 4 out of 5 project managers say they rely on PPM to get by.
Source: Monday
What percentage of Agile projects are successful?
Statistic
Agile projects have a 64% success rate.
Source: Zippia
Statistic
Agile projects are 28% more successful than non-Agile projects.
Source: GoRemotely
What percentage of waterfall projects are successful?
Statistic
Waterfall projects have a 49% success rate.
Source: Zippia
What is the most popular Agile delivery framework?
Statistic
Scrum is the most widely used and popular Agile framework.
Source: Wrike
How popular is Hybrid project management?
Statistic
60% of project managers use the Hybrid project delivery approach.
Source: ProofHub
Does every project have a project sponsor?
Statistic
Fewer than 2 in 3 projects have engaged project sponsors.
Source: Wrike
How big are most project teams?
Most project teams (39%) are made up of 6-10 people.
Project management industry stats
What are the best industries for project managers?
Project management job growth is expected to increase the most in the following sectors:
– Management and professional services
– Manufacturing
– Finance and insurance
– Information services and publishing
– Construction
– Utilities
– Oil and gas
– Manufacturing
– Finance and insurance
– Information services and publishing
– Construction
– Utilities
– Oil and gas
Is project management a growing industry?
Statistic
Yes, the project management workforce is expected to grow by 33% across 11 countries by 2027.
Source: CPA
Is project management in high demand?
Statistic
Yes, project management is in extremely high demand. There is a need for 25 million new project management professionals globally by 2030, due to an increasing number of jobs needing project management-related skills.
Source: USC
How many companies provide project management training?
Statistic
61% of organisations provide some form of project management training.
Source: Monday
How many companies use risk management?
Statistic
64% of organisations conduct risk management.
Source: Wrike
PMO (project management office) stats
How many companies have a PMO?
Statistic
89% of organisations have at least one project management office (PMO)
Source: Monday
What does a PMO do day to day?
The top 5 activities carried out by a PMO are:
- Project status reporting
- Maintaining portfolio lists
- Maintaining the project management methodology
- Facilitating project approval processes
- Providing project management expertise
Project manager stats
How many people work in project management?
Statistic
There are currently 90 million project management-oriented employees in project-led industries globally.
Source: PMI
How many project managers are there in the world?
Statistic
There are an estimated 16.5 million project managers in the world.
Source: GoRemotely
How many project managers are there in the US?
Statistic
There are an estimated 426,229 project managers currently employed in the United States.
Source: Zippia
How many project management professionals are there in the UK?
Statistic
There are approximately 2.13 million project management professionals employed in the UK on a full time basis.
Source: APM
How many projects do project managers run?
59% of project managers run 2-5 projects. 11% run 6-10 projects, 15% run more than 10 projects and 15% run a single project.
PMP (Project Management Professional) certification stats
How many project managers are PMP certified?
Statistic
There are more than 1.2 million PMP certification holders worldwide.
Source: Project Management Institute
What is the PMP pass rate?
Statistic
The PMP pass rate is less than 70%.
Source: Knowledge Hut
What is the PMP passing score?
Statistic
The PMI (Project Management Institute) does not disclose the score required to pass the PMP exam. Organisations have tried to make estimates but only the PMI knows the true figure.
Source: Knowledge Hut
How much does PMP certification cost?
Statistic
The PMP exam fee is $405 for PMI (Project Management Institute) members and $575 for non-members.
Source: Project Management Institute
How much more do PMP holders earn?
Statistic
The median salary for PMP holders is 16% higher globally than those without certification.
Source: Project Management Institute
Project performance stats
How many projects fail?
Statistic
65% of all projects fail.
Source: Upwork
What are the biggest causes of project failure?
Statistic
Three of the biggest reasons for project failure are: changes in organisational priorities, changes in project goals and the inaccurate collection of requirements.
Source: ProofHub
How many projects go over budget?
Statistic
50% of projects are completed over budget.
Source: TeamStage
What is the average project cost overrun?
Statistic
The average project cost overrun is 27%.
Source: Master of Project Academy
How much money is wasted on projects?
Statistic
Collectively, $1 million is wasted every 20 seconds by organisations due to poor project management practice, which equates to around $2 trillion a year.
Source: Businesswire
How many projects are late?
Statistic
74% of projects are delivered late.
Source: Wrike
How many companies complete projects on time?
Statistic
29% of organisations mostly or always complete projects on time.
Source: Wellingtone
How do organisations prioritise projects?
Statistic
18% of companies prioritise strategic alignment, 14% say expected benefits and 14% say ROI.
Source: Wrike
Project communication stats
How do internal teams communicate with each other?
Statistic
31% of people communicate with their colleagues primarily by email, 26% use an online chat tool such as Slack, 24% use a project management tool, 7% primarily communicate by phone, and the remaining 10% use a variety of tools including Notion, WhatsApp, Google Meet and Zoom.
How do businesses communicate with clients?
Statistic
55% of people communicate with their clients using email, 19% use a project management tool, 11% of people communicate with their clients using online chat tools, the rest use phone calls and face-to-face communication.
Does project management software improve communication?
Statistic
Yes, usage of project management software has helped to improve team communication by 52%.
Source: GoRemotely
Project management software stats
How many organisations use project management software?
Statistic
25% of organisations currently use project management software or tools.
Source: Kissflow
Statistic
77% of high-performing projects use project management software.
Source: FinancesOnline
How big is the project management software industry?
Statistic
The global project management software industry was valued at $6.1 billion in 2021, and is expected to reach $15.08 billion by 2030, growing at a CAGR of 10.68% from 2022 to 2030.
Source: Global News Wire
What is the biggest market for project management software?
Statistic
The United States is the biggest region for project management, with 29.6% of the market share.
Source: ProofHub
How much time does project management software save?
Statistic
On average, project management software helps employees save 498 hours per year.
Source: ProofHub