Three main actions to take provide strategic direction. Most projects are full of documents that provide guidance. In fact, it turns out that only 2.5% of companies successfully complete 100% of their projects. While that seems pretty logical and straightforward, it's not as simple as it sounds.
The Institute for Project Management (PMI) shares that only 46% of companies make project management a cultural priority. When project objectives are not clear, productivity decreases. In a survey conducted by Asana, 27% of respondents said that one of the main obstacles to productivity is a lack of clarity due to a lack of clarity in processes. Excessive spending on the budget is a decisive test to determine the success or failure of a project.
Wellingtone reports that only 43% of companies complete projects mostly or always without going over budget. The three most important things you must master as a project manager are communication, leadership, and management. Keep in mind the variables mentioned above: you must lead, communicate and manage all 5 effectively to make your project a success.