Millions of dollars are wasted each year due to poor project performance, according to the Project Management Institute. Discover how to keep project failures at bay.
2: Ensure the EPMO/PMO, programs, portfolios, and projects have the full backing and support of project sponsors from start to finish.
From the PMI report: “When more than 80% of projects have an actively engaged executive sponsor, 65% more projects are successful. Yet, on average, only three in five projects have engaged executive sponsors.”
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