{"id":2820,"date":"2016-01-20T12:20:00","date_gmt":"2016-01-20T06:50:00","guid":{"rendered":"https:\/\/www.invensislearning.com\/blog\/?p=2820"},"modified":"2026-04-10T10:42:42","modified_gmt":"2026-04-10T05:12:42","slug":"the-impact-of-ineffective-project-management","status":"publish","type":"post","link":"https:\/\/www.invensislearning.com\/blog\/the-impact-of-ineffective-project-management\/","title":{"rendered":"5 Key Insights on the Consequences of Poor Project Management"},"content":{"rendered":"<p>Project management has lots of cogs and wheels which need to run in unison to create maximum value for a project. But, today project management is not about projects anymore, it needs a holistic approach and needs to take into account real-world scenarios. In fact, covering all the aspects of project management is difficult and inefficiencies crop up during the <a href=\"https:\/\/www.invensislearning.com\/blog\/5-phases-project-management-lifecycle\/\" target=\"_blank\" rel=\"noopener\">project lifecycle<\/a>.<\/p>\n<p><iframe src=\"https:\/\/www.youtube.com\/embed\/rKbf70z2He0\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>In today\u2019s service-based environment, it is very important to recognize problems even before they occur and get to the root of them, and nip them in the bud. So, let us take a look at the impact of ineffective project management techniques.<\/p>\n<h3><strong>The Importance of Project Management<\/strong><\/h3>\n<ul style=\"text-align: justify;\">\n<li>According to PMI\u2019s \u201cIndustry Growth Forecast\u201d, between 2010 and 2020, there will be <strong>7 million<\/strong> new project management roles created globally which is spread across seven project-intensive industries with an economic footprint of <strong>~USD 6.61 trillion<\/strong>.<\/li>\n<li>In fact, project managers\u2019 employment will increase by almost <strong>60%<\/strong> in India, close to <strong>33%<\/strong> in China, and by more than <strong>40%<\/strong> in the UAE.<\/li>\n<li>China and India also lead in estimated project-oriented job openings in 2010-2020 by<strong> 8 million and 4 million<\/strong> jobs respectively.<\/li>\n<\/ul>\n<h3><strong>Countries with Established or Quickly Developing Project Management Industries:<\/strong><\/h3>\n<table style=\"height: 122px;\" width=\"814\">\n<tbody>\n<tr>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\"><strong>Country<\/strong><\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\"><strong>Projected New Job Demand (By 2020)<\/strong><\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\"><strong>Projected New Job Openings (By 2020)<\/strong><\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\"><strong>Estimated Economic Impact (2020, in Billions)<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">Australia<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">375,757<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">759,900<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">519<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">Brazil<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">1,364,932<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">347,820<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">1,027<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">Germany<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">1,642,058<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">153,230<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">1,290<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">Canada<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">582,366<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">120,070<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">649<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">UK<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">946,648<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">177,120<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">891<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">Japan<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">2,610,663<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">387,560<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">1,974<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">China<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">24,906,557<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">8,153,340<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">4,540<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">India<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">8,857,645<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">3,975,650<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">1,022<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">UAE<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">57,731<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">177,120<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">176<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">Saudi Arabia<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">103,616<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">12,670<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">279<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">USA<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">700,000<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">2,348,830<\/td>\n<td style=\"text-align: center; border-left: 1px solid #e0e0e0;\">5,813<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><strong>Important Entities of Ineffective Project Management<\/strong><\/h3>\n<p>An employee works an average of <strong>45<\/strong> hours a week. Out of which, <strong>17<\/strong> hours in a week is said to be unproductive.<\/p>\n<p>On average in a week employees spend close to <strong>5.6<\/strong> hours in a meeting. And <strong>69%<\/strong> of employees believe meetings are not productive.<\/p>\n<p>A recent IBM report, states that <strong>68%<\/strong> of project failure was due to poor project management.<\/p>\n<p>In fact, <strong>45%<\/strong> of senior executives in organizations the world over believe employees can be more productive if meetings were banned once a week.<\/p>\n<p>According to the latest time management study, industry experts believe, on average, an employee is disturbed\/interrupted at least <strong>7<\/strong> times in an hour which is close to <strong>56 <\/strong>interruptions on a typical workday. The sad part is that <strong>80%<\/strong> of interruptions are considered trivial issues.<\/p>\n<h3><strong>Typical Traits of an Ineffective Project Manager<\/strong><\/h3>\n<ul>\n<li>He \/ She is always complaining but does not offer a solutions<\/li>\n<li>They are not proactive and do not anticipate problems to manage risks<\/li>\n<li>Inability to manage time properly<\/li>\n<li>Gets a bad reputation for not having good relationships<\/li>\n<li>Lacks direction mid-project \/ closing the project<\/li>\n<li>Inability to properly delegate work and manage scope<\/li>\n<li>Lacks skills to improve his \/ her team\u2019s performance<\/li>\n<\/ul>\n<h3><strong>Why Does a Project Fail?<\/strong><\/h3>\n<p>According to PMI\u2019s \u201c<a title=\"Click to Know About PMI Articles\" href=\"https:\/\/www.pmi.org\/~\/media\/PDF\/learning\/pulse-of-the-profession-2015.ashx\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Pulse of the Profession<\/a>\u201d report, it states that organizations lose close to ~USD <strong>109<\/strong> million for every <strong>billion<\/strong> spent on projects and programs across the globe. Let us take a look at why a project fails in the first place.<\/p>\n<ul>\n<li>The project scope is not defined properly<\/li>\n<li>Inability to accurately estimate time and effort for the project<\/li>\n<li>Inefficient detailing of project plans<\/li>\n<li>Failure to identify potential risks down the line<\/li>\n<li>Project managers who lack the necessary experience to carry out the project<\/li>\n<li>Not using formal project management methodologies and strategies<\/li>\n<li>Not creating a robust communication channel between team, stakeholders, and customers<\/li>\n<li>Failure to track new requirements and changes in processes<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Project management has lots of cogs and wheels which need to run in unison to create maximum value for a project. But, today project management is not about projects anymore, it needs a holistic approach and needs to take into account real-world scenarios. In fact, covering all the aspects of project management is difficult and [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":7347,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v16.7 (Yoast SEO v16.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Consequences of Poor Project Management: 5 Key Insights<\/title>\n<meta name=\"description\" content=\"Uncover the 5 key insights on the consequences of poor project management and how to mitigate risks for successful projects.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.invensislearning.com\/blog\/the-impact-of-ineffective-project-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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