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Project management is one of the most important roles in any organization. Why? Project managers possess various skills and wear many hats to oversee projects from start to finish. They also ensure that projects get done on time, are within budget,  meet goals and objectives, and drive change in an organization.

Many organizations make the mistake of throwing the responsibilities of a project manager onto existing team members. The results? High project failure rates and wasted spending.

In fact, according to a 2020 McKinsey study, organizational projects cost an average of 100,000 USD and have a project failure rate of between 60 and 70 percent. 

Good project managers have the necessary skill set to manage and drive a project to successful completion. By hiring a project management consultant, companies and organizations can:

1. Adopt lean production practices and reduce waste
2. Drive more successful project outcomes
3. Streamline and automate processes and operations
4. Achieve goals and objectives
5. Boost their bottom line and maximize ROI

A project management consultant can also help bridge the gap in the production pipeline—from project intake to project design to project delivery—and all on time and within budget.

By hiring a project management consultant, you will not only keep your organization running like the well-oiled machine it should be, but also boost your bottom line and maximize your ROI. 

A project management consultant is what your organization has been missing to not only ensure quality execution but also to maximize the success of your organization.