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Major programs have entered an era of unprecedented investment, unmatched scale and uncommon complexity. Today, there are over 11,000 mega and 250 giga-projects and programs in delivery across the world. Just this group of programs -categorized as having a value of more than $1 billion and $10 billion respectively represent more than $15 trillion in capital investment. However, despite this momentum, the industry continues to grapple with persistent challenges to delivery, with associated cost overruns, schedule delays, and under-realized benefits remaining the norm rather than the exception. Failure to get on top of these challenges puts at risk more than $1.5 trillion of economic growth by 2030.



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