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Research Report: Secrets of High Performing Projects

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Secrets of High Performing Projects 20 COVID-19's Impact Our next series of questions looked at the impact that the COVID-19 pandemic was having on projects in our respondents' organizations. We also explored how organizations expect to recover from COVID-19's impact. 9. Approximately what percentage of your large-scale engineering, construction or major equipment manufacturing projects were subjected to significant change as a result of the COVID-19 pandemic? Our first question in this section sought to understand the extent to which organizations had been impacted by the pandemic by considering how many projects experienced significant change. For the purpose of the survey, we asked respondents to consider significant to be an impact of more than 20% to the scope, schedule or budget. As expected, COVID-19 hit our survey organizations hard. More than half (51.7%) said that over 40% of their projects were impacted significantly and more than one in five (20.8%) said over 70% of projects were affected. Just 26.6% said that 20% or fewer projects were hit by the pandemic. The numbers did not vary significantly across different geographic regions or industries, although the IT industry did see marginally less impact (32.7% reported that 20% or fewer projects were affected significantly). FIGURE 9: Approximately what percentage of your large-scale engineering, construction or major equipment manufacturing projects were subjected to significant change as a result of the COVID-19 pandemic? The majority of organizations represented by our survey had at least 40% of projects impacted significantly by the COVID-19 pandemic. 0-10% 11-20% 21-30% 31-40% 41-50% 51-60% 61-70% 71-80% 81-90% >90% 13.8% 12.7% 12.1% 9.6% 12.9% 9.7% 8.3% 7.5% 5.0% 8.3%

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