Executive sponsors seem to have higher rates of success

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According to PMI's Pulse of the Profession 2018:

"Analysis shows that the dominant driver of projects meeting their original goals is an actively engaged sponsor. We see that organizations with a higher percentage of projects with actively engaged executive sponsors (more than 80% of their projects) report 40% more successful projects than those with a lower percentage of projects with sponsors (less than 50% of their projects)."

Question:

What do you think are some the reasons projects with executive sponsors seem to have higher rates of success? Are there situations,where an executive sponsor could be a disadvantage? Why or why not? Answer in 1 - 2 paragraphs.

Reference no: EM132274473

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