In July and August 2021, PwC and PMI launched the Global Transformation and Project Management survey of over 4,000 professionals involved in leading or facilitating the delivery of projects to gather insights into latest trends and best practices. Today, PwC Middle East launches the Middle East cut of the survey titled “How to unlock your PMO’s strategic value.”
Over recent years, there has been an acceleration in the transformation occurring in the region, with giga and mega projects increasingly being announced. With the emergence of new ways of working as a result of the pandemic, talent shortages in project management, and new technologies being adopted by project managers; the traditional project management role is evolving to remain effective and relevant in the future.
In that regard, the report analyses responses from the top 10% of project management offices globally and compares it to those from the Middle East to establish key learnings and best practices for PMOs in the region. Also, the analysis culminates in five key lessons attached to calls to action outlined in the report that can help PMOs in the Middle East unlock their strategic value:
- C-suite support and flexibility are important factors
- People lie at the heart of success
- Identifying the right measures of success is key
- A digital mindset needs to be adopted at pace
- Adapting to new realities is necessary
Commenting on the outcomes of the report, Mohammad Alkhaldi, Transformation Management Unit & Head of the Centre of Excellence, PwC Middle East said: “The results are consistent with our persistent belief that project management offices require strong c-suite connection and support to be effective, impactful and successful. Over recent months, through our Transformation Management Perspective series, we underscored the importance of the human aspect of project management as well, whether from an upskilling or role defining perspective.”
When asked about the relevance of the findings to development in the region, Riyadh AlNajjar KSA Country Senior Leader & Transformation Management Unit Leader, PwC Middle East added: “Transformation and project management are becoming increasingly critical in the region, with many projects underway as part of overarching national visions, such as Vision 2030 in Saudi Arabia. For such projects, particularly at the giga and mega scales, to be successful, they must be managed in alignment with the project sponsors’ strategy, while maintaining the traditional focus on scope, budget and timeline.”
To read the full report, please visit the following link: https://pwc.to/3KQNpuM
© Press Release 2022
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
