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HOW TO DEVELOP A PROJECT MANAGEMENT PLAN: 12 STEPS TO SUCCESS (TAKEN FROM NW University)

    NWU The Project Management Institute’s 2020   Pulse of the Profession   report   reveals that 11.4 percent of business investment is wasted due to poor project performance. Today’s organizations must uncover the cause of these failures and determine what project management professionals can do to help overcome these challenges. “For decades, we’ve been trying to improve the rate of project success,” says Northeastern University assistant teaching professor  Jacques Alexis . “ Poor planning has been one of the consistent causes of failure. Often this means the project management team did not engage stakeholders in the planning and therefore didn’t understand the scope of the project. If you don’t understand the sco pe of the project, then the schedule and the budget will be unrealistic. There is ample evidence that planning is a critical success factor in project management.”  How to Create a Realistic Project Plan in 12 Steps Alexis is a scholar-practitioner with a unique combinati