Key Finding: Reported use of established PM methodologies is stable and employees are obtaining applicable certifications. Respondents reported using a wide variety of methodologies, as illustrated in Figure 11. The most prevalent methodology was Project Management Institutes (PMI) Project Management Body of Knowledge (PMBOK)® or modifications thereof, with 41% of responses. A variety of Information Technology (IT) methodologies were reported, with Agile and waterfall being the most prevalent. Many other methodologies were listed, although some would not strictly be considered PM methodologies. A significant number of respondents reported using combinations of multiple methodologies; the most common methodologies included in these combinations were PMBOK®, PRINCE2®, and IT methodologies. The data related to use of established methodologies is predominantly consistent with PwC’s 2007 PM survey. Of note, adoption of industry-standard PMBOK ® and PRINCE2® methodologies has increased slightly (38% in 2007 vs. 44% currently). Focusing on these two methodologies, the regions with the highest reported use of PRINCE2® relative to PMBOK ® are Australia, Europe, and South Africa, as shown in Figure 12. Employee certification is a common theme among companies that reported using a PM methodology. 90% of respondents from organisations reporting the use of project management methodologies indicated their organisations have individuals certified in the preferred methodology. This indicates general acceptance that individuals must be trained in PM methodologies in order to capture their benefits. Cost performance is an example of the positive impact of individual certifications, especially in light of the budget performance challenges documented through this survey. 38% of organisations with individuals certified in their preferred PM methodology reported successful budget performance, 6% higher than for organisations without certified individuals.
Figure 11: Reported use of PM methodologies
Figure 12: Comparison of reported use of PMBOK® and Prince2® methodologies in different regions
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Insights and Trends: Current Portfolio, Programme, and Project Management Practices