Yes. At first glance, the failure rate estimates from PMI (who suggests a range of roughly 14% to 19%) appear to be lower than the failure rates we cite. There are three factors that explain this apparent discrepancy. First, PMI’s annual “Pulse of the Profession” is a global survey that focuses on much larger and more mature organizations with far greater resources than is representative of the general business population. In 2019 54% of the respondent companies (2,406 out of 4,455) were over $500 million in annual revenue with 45% being over $1 Billion. By comparison, there are less than 7,000 companies in the US with annual revenues over half a billion and they represent less than 5/100th of one percent of the total number of US companies. Second, PMI tends to survey its certified members who are more experienced and better trained than the project management population overall. That said, such certified professionals represent only about 5% of all the project managers in the US. Finally, PMI looks at all projects, not just IT projects. So, while PMI’s methodology makes perfect sense when attempting to gain an understanding of the project management profession overall, it is not necessarily reflective of the enterprise IT experience in the US. One would expect to find what PMI has found—better trained professionals in better equipped organizations achieve better results.