A study released in mid September found that organizations with a process for aligning projects with strategy and leveraging program management offices (PMOs) experience greater success in projects coming in on time and on budget. These findings are results of a survey conducted by Robbins-Gioia, a program management services provider. A survey of 100 senior IT executives revealed an additional importance in executive interaction among chief information officers (CIOs), chief financial officers (CFOs), and chief operating officers (COOs) in project and business management success.
According to the study, CIO, CFO, and COO interaction at organizations leads to increased project success. Of those respondents who indicated that their senior-level executives interact on a daily basis, 62 percent felt that their projects always or often come in on time and on budget. Of those people who identified with managing projects successfully in their organizations, 63 percent had a PMO in place and a process for aligning projects with strategy.
Read more at: http://www.chiefprojectofficer.com/article/149