Industry Demand Statistics
Statistic |
Value |
Number of project management roles in the UK |
1.5 million |
Percentage of projects that fail due to poor risk management |
56% |
Annual cost of project failure in the UK |
£97 billion |
With the increasing number of project management roles in the UK, there is a growing demand for professionals who can effectively manage risks in projects. Poor risk management is a leading cause of project failure, with 56% of projects failing due to this reason. The annual cost of project failure in the UK is a staggering £97 billion, highlighting the importance of implementing best practices in risk management.
The Professional Certificate in Risk Management Best Practices in Project Management is essential for professionals looking to enhance their skills and knowledge in this area. By completing this certificate, individuals can learn how to identify, assess, and mitigate risks effectively, ultimately improving project success rates and reducing financial losses.