Yes, you read that right - only 0.5% truly succeed... 
Over the years I've seen firsthand how this affects businesses across every sector.
McKinsey's latest research makes it even more concerning:
The Real Cost of Project Failures:
45% of large tech projects run over budget
7 months is the average delay for major projects
$66M is lost for every $1B invested due to poor project performance
Let me break down the 𝟱 𝗯𝗶𝗴𝗴𝗲𝘀𝘁 𝗽𝗿𝗼𝗷𝗲𝗰𝘁 𝗸𝗶𝗹𝗹𝗲𝗿𝘀 I've observed (and helped solve):
𝗙𝘂𝘇𝘇𝘆 𝗢𝗯𝗷𝗲𝗰𝘁𝗶𝘃𝗲𝘀
37% of projects fail due to changing objectives (PMI)
Teams waste 28% of their time on poorly defined goals
Pro tip: Document your "definition of done" before day 1.
𝗕𝗹𝗶𝗻𝗱 𝗦𝗽𝗼𝘁𝘀
in Risk Management • 80% of project crashes come from unidentified risks
Only 28% of organizations use risk management tools
Reality check: You can't fix what you don't track.
𝗖𝗼𝗺𝗽𝗹𝗲𝘅𝗶𝘁𝘆 𝗖𝗵𝗮𝗼𝘀
Teams juggle 200+ tasks per project on average but some have tens of thousands tasks and are …lost!
94% of executives say modern projects are more complex than 5 years ago
Personal learning: Less is more. Focus on What Matters.
𝗖𝗼𝗺𝗺𝘂𝗻𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗕𝗮𝗿𝗿𝗶𝗲𝗿𝘀
56% of projects fail due to poor communication (Deloitte) .
Average project involves 8+ stakeholder groups.
Our approach: Create single sources of truth.
𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲 𝗗𝗿𝗲𝗮𝗺𝘀 𝘃𝘀 𝗥𝗲𝗮𝗹𝗶𝘁𝘆
27% of projects go over budget due to poor estimation.
Teams underestimate needed resources by 40% on average.