MI’s Pulse of the Profession Reportin 2016states that Organizations waste $97 million for every $1 billion spent on projects.PMI’s 2017 Pulse of the profession also unveiled thatthe success rates of the project has increased compared to previous years.What is PMI? State any one function of PMI.Discuss any two reasons of how the success rateof theprojects have improved accordingto PMI.

Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter8: Strategy Formulation And Execution
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PMI’s Pulse of the Profession Reportin 2016states that Organizations waste $97 million for every $1 billion spent on projects.PMI’s 2017 Pulse of the profession also unveiled thatthe success rates of the project has increased compared to previous years.What is PMI? State any one function of PMI.Discuss any two reasons of how the success rateof theprojects have improved accordingto PMI.

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