Why Change Management is important to project success
In 2008, IBM Global Business Services published the results of their Global Change Management Study in a presentation called Making Change Work. With input from over 1,500 project practitioners from 15 countries and 21 industries, Making Change Work provides valuable insights into how Change Management contributes to the success of projects.
One of the most troubling findings of the survey was that only 41 percent of projects fully met their objectives. This means that the project you are currently working on potentially has less than a 50 percent chance of being successful. That's a scary number. The following figure is an illustration to these statistics:
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