{"id":581,"date":"2016-06-02T13:30:02","date_gmt":"2016-06-02T17:30:02","guid":{"rendered":"https:\/\/3sixtypharma.com\/?p=581"},"modified":"2018-01-13T15:02:48","modified_gmt":"2018-01-13T20:02:48","slug":"risk-management-companies-waste-122-million-for-every-1b-need-greater-investment-in-pm","status":"publish","type":"post","link":"https:\/\/3sixtypharma.com\/2016\/06\/02\/risk-management-companies-waste-122-million-for-every-1b-need-greater-investment-in-pm\/","title":{"rendered":"Companies waste $122 million for every $1B – need greater investment in project management"},"content":{"rendered":"

http:\/\/www.projectmanagement.com\/articles\/331859\/Planning–Assessing–Analyzing-and-Monitoring-Country-and-Political-Risk-During-the-PMI-Risk-Management-Process<\/p>\n

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High Risk Ahead?<\/p>\n

Project outcomes are better in organizations that invest in ongoing project management<\/b> training<\/span><\/p>\n

High cost of poor project performance: $122mil for every $1B invested. More investment in PM essential to org health<\/span><\/p>\n

Robust risk management strategy must include project management component<\/p>\n

Organizations waste US$122 million for every US$1 billion invested due to poor project performance ? a 12 percent increase over last year.<\/strong><\/a><\/p>\n

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83% of high-performing organizations \u201calways\u201d or \u201coften\u201d manage risk together w\/project management, says PMI report. https:\/\/t.co\/u0qJr5T6SD<\/a><\/p>\n

— 3SixtyPharma (@3SixtyPharma) June 2, 2016<\/a><\/p><\/blockquote>\n