Tuesday, 18 August 2009 13:55

Project Stoppages and Layoffs Continue

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A recent PMI USA survey indicates that, while the number or companies canceling or delaying projects has remained steady each month in 2009, the cumulative number continues to grow as the economy struggles to recover.

In the past month, has your company cancelled or delayed scheduled projects due to the current economic conditions?

July 2009
June 2009
May 2009
April 2009
Mar 2009
Feb 2009
Jan 2009
Yes
53%
53%
56%
54%
57%
50%
56%
No
31%
33%
31%
30%
30%
31%
32%
Don't Know/
Not Sure
16%
14%
12%
16%
13%
19%
12%

Half or more of those surveyed over the past seven months indicate that their companies have cancelled or delayed projects. Of the more than half who said their firms had cancelled or delayed projects in the past month, just over one in seven characterized those projects as "very significant" relative to their entire project portfolio.

For full details of this survey which was conducted by Project Management Institute among 1,000 PMI members and credential holders, go to PMI Pulse Surveys at www.pmi.org.

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