Projects At Work Study Measures Scope And Dangers Of Organizational Multitasking

     Projects At Work Study Measures Scope And Dangers Of Organizational
                                 Multitasking

Conducted in Concert With Realization Technologies, Study Shows That 85
Percent of Respondents Experience Difficulty Getting Enough Resources for
Projects

PR Newswire

SAN JOSE, Calif., Dec. 5, 2012

SAN JOSE, Calif., Dec. 5, 2012 /PRNewswire/ -- Realization, the leading
provider of flow-based planning and execution  solutions, has released a study
on organizational multitasking conducted by Projects At Work, an online
business-to-business magazine for the project and portfolio management
industry. To obtain a full copy of the study, visit this link.

(Logo: http://photos.prnewswire.com/prnh/20120402/NE80724LOGO)

Decades of academic research have definitively established that individuals
are much less productive while multitasking. In organizations, the damage done
by multitasking is far worse. Organizational multitasking occurs when an
organization's collective efforts are spread across too many work-streams and
projects at any given time. Delays and interruptions cascade through the
organization as teams wait for late work from others, causing projects to take
too long and project-completion rates to fall. Realization estimates that
losses in productivity due to organizational multitasking range from 20 to 50
percent.

Ultimately, organizational multitasking is not an individual challenge, but is
rather an institutional one, as demonstrated by the Projects At Work survey of
400 project management professionals across 44 countries. Highlights of the
survey's findings show that project management professionals:

  oLack enough resources: More than 85 percent of respondents find it
    difficult to get enough resources for their projects;
  oCould finish faster if their projects had priority: 47 percent said their
    projects would finish more than 25 percent faster with adequate resources,
    and 28 percent said they could cut completion times by 11 to 25 percent;
    and
  oStart a significant number of projects prematurely: 45 percent said that
    at least every other project starts without full preparation.

The study also identified the top three challenges that project managers face
and provided recommendations for solving them:

Problems Caused by             Solutions for Eliminating Organizational
Organizational Multitasking    Multitasking
                                 oDon't start project execution without
  oTeam stretched too thin        adequate preparation
  oUnable to meet project       oReduce the number of active projects by 25
    deadlines                      to 50 percent
  oUnable to get timely input   oEstablish a clear rule for task-level
    from the right people          priorities, which can be as simple as
                                   everyone working on the highest priority
                                   project first

"The real tragedy of organizational multitasking is that most companies don't
even recognize that it's going on because everyone is working hard and very
busy," said Sanjeev Gupta, CEO of Realization. "But in reality, people are
often just spinning their wheels. Once organizational multitasking ceases,
organizations typically see a 20 to 50 percent increase in productivity within
just a few weeks."

To download the full study, please visit:
http://www.projectsatwork.com/survey/survey.cfm?ID=862.

About Realization
Realization is the leading provider of Flow-based Planning and Execution
solutions for engineering and projects. It helps organizations complete
projects 20 to 50 percent faster and 10 to 30 percent more efficiently by
reducing multitasking and exposing true bottlenecks. Realization's more than
200 clients include organizations like ABB, Amdocs, BHP Billiton, Dr. Reddy's
Laboratories, L&T, Medtronic, NASA and the U.S. Air Force. Collectively
Realization's clients have realized $3.5 billion in additional cash and
profits by completing projects faster and more efficiently. Realization is
headquartered in San Jose, California, with offices in India, France, Japan,
and South Africa. For more information, visit www.realization.com.

Contact Information
Jeff Miller
Davies Murphy Group
(541) 207-3461 (o)
(541) 207-6413 (m)
realization@daviesmurphy.com

SOURCE Realization

Website: http://www.realization.com
 
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