Link to the event

https://register.gotowebinar.com/register/8850177309040568079

Advanced data analytics and AI is having a significant impact in multiple sectors, but project delivery is a late adopter. Examples are beginning to emerge which will disrupt the wide range of professions that encompass project delivery.

Organisations and individuals have a choice; to shape implementation, disruption and be a positive force for change or to become disrupted and react to emerging events. Whatever your role or level in your organisation - C-Suite, sponsor or director, project delivery, change or business analysis specialist, academic or consultant, and whether you’re starting out in your career or a seasoned professional, you have a choice to make about how you respond to this challenge.

The Project Data Analytics Task Force exists to facilitate a Project Delivery Transformation. However, the vision will only become a reality if we work collegiately. It is an opportunity for everyone, at every level to play their part.

The Challenge

Project management creates between £150-170bn of economic value annually in the UK. Yet, the effectiveness and efficiency of productivity remains stubbornly low. PMI’s Pulse of the Profession studies frequently demonstrate the high cost of low performance, as projects fail to meet original goals or business intent, finish late and over budget, experience scope creep or are deemed to be outright failures.

The analysis by the University of Oxford’s Prof. Bent Flyvbjerg and Dr. Alex Budzier on ~12,000 global major projects concluded that the probability of a project being delivered on budget, on time and delivering the benefits defined in the business case is only 0.5%

According to recent RICS reports, 95% of project data is used once only, and never used again. And yet, by leveraging the rich seam of project delivery data that exists across the profession, we have an opportunity to make a step-change in project management - delivering more projects for less, with a significantly increased return on investment and a high degree of confidence.

Our vision

We intend to seize the immense opportunities enabled by project data and the power of analytical tools, to deliver a 10-fold improvement in project performance.

To achieve this ambition our vision covers a broad range inter-connected areas including to:

• Establish a pipeline of innovation challenges and opportunity

• Democratise data-driven solutions

• Enhance data skills for all project professions

• Facilitate data access to a growing project data community

• Leverage the broad and active community of practice

• Drive coherent collaboration across sectors

Our Priorities

Our immediate priorities are to:

• Mobilise the Task Force and create greater awareness

• Demonstrate the compelling case for change

• Gain momentum and cross-sector/profession support

Our Approach

To achieve our vision, we are mobilising a cross-sector Project Data Analytics Task Force which will provide energy and direction across six workstreams. These provide an opportunity to get involved and make a difference.

Your involvement

Join us on 30 September to find out more about the Project Data Analytics Task Force and what this means for you and your organisation, the project profession, and the future of the project delivery.

Learn how you can get involved and equip yourself with the know-how and professional skills to actively participate in shaping a brave new data-driven future.Find out more, what this means for you and your organisation, how to get involved and how to prepare for an inevitable future.

Attending the launch event? Click here