International Project Management Day in Santa Fe: Nov. 4, 2015
November 4, 2015 @ 7:30 am - 4:45 pm| $125.00
The national cost of all failed projects falls between 5% and 15% of GDP
63% of projects fail, but New Mexico is serious about success!
According to a Gallup Business Journal article by Benoit Hardy-Vallee, the projected sum of all failed project costs are equal to anywhere from 5% to 15% of GDP. If that figure were true in New Mexico, the cost would be enormous, but thankfully, New Mexico is serious about project success.
Some have questioned the Gallup article figures, however, whether those numbers are accurate or not, it is true that failed projects can ruin businesses, bankrupt families, and devastate economies. So how do we stop the hemorrhage of funds?
Project Management Institute (PMI) methodologies are a framework of standards and best practices that significantly improve project performance and success. New Mexico knows this, and employs PMI methodologies successfully. In fact, the NM State IT Enterprise Project Management Office (EPMO) enjoys an unprecedented 86% project success rate, as compared with a national average of only 63%. The EPMO is definitely doing something right.
How does this impact you? On Wednesday, November 4, the Project Management Institute’s (PMI) Otowi Bridge Chapter and the NM State IT EPMO are teaming up to host Santa Fe’s first annual International Project Management Day at the Eldorado Hotel. This event boasts world class speakers from across the country, and it is open to the public. Mike Baca from the State EPMO said, “We want everyone to attend, and the low registration fee of $125.00 represents a great value.” Otowi Bridge chapter President, Laura Gonzales invited anyone involved in projects by saying, “come learn how to have your projects succeed. Don’t be a painful statistic of project failure!”
Doors open at 7:30, when a light breakfast will be available.
The Event begins at 8:00 and will complete at 4:45. Speakers and workshop facilitators include experts with experience and expertise on topics of leadership, organizational change management, operational excellence, navigating challenging communications, and business analysis. Your $125 registration includes a light breakfast, a light lunch, coffee, parking, and access to all speakers and workshops throughout the day.