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Independent research shows that conventional (and we mean the main stream methods) do not consistently deliver projects on time, to budget or scope. On average 4 out of 5 projects fail on any one of these criteria.  Standish and other research firms find that this is true across all projects and cultures


The Standish Group PDI Survey
75% of completed projects are late 91% finished late
Average cost overruns are 189% 51% come in over budget
Average time overruns are 222% 63% overload resources
30% cancelled before they finish 33% didn't meet expectations
39% of projects with budgets over US$10m failed 
  

Why is it that after nearly 50 years of focussed attention toward improving project outcomes we are still getting these undesirable effects?
 
What is claimed is that projects fail because they do not rigorously follow the PMI project management body of knowledge. But many projects do and still fail?
 
The problem is not that people are poorly trained, or projects have insurmountable technical issues or difficult clients. Projects fail because current project management methods fail to correctly handle either the uncertainties that cause disruptions, the complexity inherent in most projects and the pressure to work on many projects at the same time.

 

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NEWS

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In a nutshell

Mentoring is for those who want to take a \"do it yourself\" approach but realise they need some expert TOC guidance and support along the way.You get everything contained in a full TOC R...
What is Throughput Accounting?The Theory of Constraints Throughput Accounting primarily focuses on increasing Throughput rather than cutting costs to increase profits.There are only three wa...
How do we go about helping you get these kinds of Real Results?We do it by getting you to see that in order to have a breakthrough in performance the rules of business have to change.Manufac...
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TO COME - Viable VisionTurning your Top Line into your Bottom Line within 4 years - Guaranteed!...
Write to info@toc3.com.au orCall: 1300 919 761 or 0418 207 362We will be delighted to answer your questions.Andrew KayDirectorTOC3PO Box 551Glebe, NSW, 2037Australia...
“We were averaging 74 tonnes per day now that has jumped to 87 tonnes per day after only 8 days”. (+18%)Dragi; Production Manager, Best Bar Reinforcements, Melbourne...
Independent research shows that conventional (and we mean the main stream methods) do not consistently deliver projects on time, to budget or scope. On average 4 out of 5 projects fail ...
We got enough space now to play cricket”, \"Rework has virtually been eliminated\" Gigangit, Production Manager, Best Bar Reinforcements, Melbourne...
How to have crystal clear, rapid and effective thinking and communication where everyone is on the same side with almost instant positve bottom line results. Read More.....

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