At present, 0.5% of projects deliver benefits on time and within budget. Data, and the intelligent insight from analytics, can enable and drive improvement as it has in many facets of our lives. When we consider £150-170bn of economic value annually created through projects in the UK, there is a clear case for improving project delivery.
We need a bold transformational approach. Although every project is unique, there are high degrees of similarity at a functional and process level. We can use data science to identify, prioritise and leverage these similarities.
We have mobilised a task force to help deliver this vision. By integrating the efforts of aligned communities, we also have an engine for change; moving more quickly together than alone.