Sprint to the project finish line with exclusive market insights.
The key to a successful project? The people.
It’s well publicised that 70% of projects fail, and with research revealing that the keys to project success are the technical skills of the team, management support, and good communication, it’s clear that people play a major part in success. With projects being central to business growth, the right people are needed more than ever to lead the way – those professionals who can deliver your project on time and on budget.
According to the Project Management Institute (PMI), project management-oriented employment comprises 3% of global employment (that’s 90 million jobs) and this is anticipated to rise to 3.2% by 2030, bringing the number of jobs to 102 million. However, talent shortages are making hitting critical project timelines difficult. According to PMI, 2.3 million candidates are needed each year to fill the project management positions expected to be created by 2030, and with programs of work being picked up across every department – from marketing, to finance to IT – the right people are needed at the forefront to guide companies to success.
The current hiring market, however, is complex. In some regions we're seeing investment in projects and hiring remain steady, however, in others, an economic downturn is seeing companies place projects on pause and hiring start to slowdown. Projects are a critical part of business innovation and growth, and whether the market is dipping or experiencing a boom, one thing is for certain: projects will be essential as technology and the world of work evolves.
At Talent, we work with project professionals every day, connecting them with leading companies across the globe. We’re a Platinum partner to the Project Management Institute – we’re also the only recruitment partner – and know the importance of having the right people in your team to drive success.
In this report, you’ll find exclusive insights from our recruitment experts on what you can do to get ahead in the market, either as a project professional looking for your next opportunity, or as an employer ready to embark on your next project. We hope you find these insights invaluable in navigating the current hiring landscape.
