New Zealand

Details

  • Service: Advisory, Management Consulting, IT Advisory, Performance & Technology
  • Type: Survey report
  • Date: 25/11/2010

Contact us

Godfrey Boyce

National Managing Partner - Advisory

+64 4 816 4514

gboyce@kpmg.co.nz

 

Souella Cumming

Partner – Risk Advisory

+64 4 8164519

smcumming@kpmg.co.nz

 

Gina Barlow

Director – Project Advisory

+64 4 8164798

gbarlow@kpmg.co.nz

 

NZ Project management survey 2010 

This survey combines insights and trends from across New Zealand with detailed analysis by experienced project management practitioners. 

 

It identifies a number of practices that can assist organisations to extract more value from their project investments and enable them to meet commitments more of the time.

Project management survey
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Key findings

 

  • NZ’s first major nationwide Project management survey has found that 60 percent of New Zealand companies
    are failing to measure the return on their investments in projects.

 

  • More than a quarter of organisations surveyed do not undertake any form of strategic review to track the benefits realised by the business.

 

  • Findings indicate that 70 percent of New Zealand companies have experienced at least one project failure in the past 12 months.

 

  • Results show that projects undertaken by New Zealand companies often perform poorly in at least one of the following areas – lack of timely delivery, cost (project runs over budget), or inability to achieve the stated deliverables.

 

  • Over 50 percent of respondents stated that they do not consistently achieve stated project deliverables.


  • Only one-third of companies always prepare a Business Case for all projects.

 

  • Nearly 60 percent of New Zealand companies fail to consistently align their projects with corporate strategy.


  • In the past 12 months, 98 percent of those surveyed completed less than five projects; however, the amount of money spent is significant with 44 percent of companies spending more than $15 million on their projects over this period.


  • 68 percent of companies do not always have an effective Sponsor to provide clear direction for the project or to escalate problems when necessary.
 
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