The global study surveyed 2,841 project professionals, including 199 respondents from South Asia, and reveals that project managers with high business acumen will transform from tactical troubleshooters into strategic partners who drive organizational value. The report found that 66% of project professionals possess moderate business acumen, excelling in stakeholder management and team dynamics. The report found that 66% of project professionals demonstrate moderate business acumen—showing proficiency in a solid foundation of 4–6 core skills and applying 3–4 tactics to overcome project roadblocks, but not yet consistently connecting project execution to broader strategic goals.

As per the report, project professionals with high business acumen evolve into strategic partners to the organization by transitioning from reactive problem-solving to proactive anticipation, engaging stakeholders early, aligning with business priorities, and taking ownership beyond execution to drive strategic outcomes. Furthermore, they measure success beyond traditional scope, schedule, and budget, incorporating metrics like customer satisfaction, strategic alignment, and ESG impact to ensure both short-term delivery and long-term value creation.

Additionally, project professionals with high business acumen demonstrably outperform their peers in key project performance indicators, with 83% meeting business objectives compared to 78% of other respondents, achieving better budget adherence (73% vs. 68%) and schedule compliance (63% vs. 59%), and experiencing lower rates of project failure (8% vs. 11%).

Currently, only 18% of project professionals exhibit high business acumen, highlighting a critical need for individual and organizational investment, paving the way for continuous learning. Targeted training can unlock untapped potential, leading to more informed decisions and improved resource allocation. Developing this competency is essential to move beyond tactical problem-solving and drive superior project outcomes.

Amit Goyal, Regional Managing Director for South Asia at PMI, said, “As India embarks on an ambitious growth trajectory across diverse sectors, the need to master business acumen becomes paramount for project success. The Pulse of the Profession® 2025 Report underscores this, demonstrating that project management professionals with strong business understanding significantly enhance project outcomes. This aligns seamlessly with the government’s skilling initiatives, which aim to empower a workforce capable of navigating the complexities of modern projects. By fostering business acumen within our project management talent pool, we can effectively drive India’s transformative growth agenda.”

The report provides practical guidance for project professionals and organizations looking to build their business acumen capabilities. The report states that organizations must invest in structured learning (coaching, mentoring, training) and prioritize business acumen in hiring and mentorship. While stakeholder management remains foundational, developing financial acumen and industry knowledge is crucial for innovation, risk management, and strategic alignment.

The PMI Pulse of the Profession® 2025 report urges project professionals to embrace diverse learning opportunities to become strategic partners, driving organizational growth in a disruptive global landscape. Improved business acumen enhances decision-making, performance measurement, and overall project success.

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The PMI Awards stand as a testament to the transformative power of project management, celebrating the individuals, projects, and organizations that are driving innovation and making a tangible difference in the world. These prestigious awards encompass a diverse spectrum of achievements, recognizing excellence across multiple domains. Winning a PMI Award provides professionals with a unique opportunity to gain recognition for their expertise, enhance their career prospects, and contribute to the advancement of the project management profession.

Talking about this development, Amit Goyal, Managing Director, PMI, South Asia, said, “The PMI Awards shine a light on inspiring people and influential projects that are elevating our world. We encourage project professionals, organizations, and academics from around the globe to nominate those who are making a difference. This year we see huge potential in the South Asian diaspora, a region brimming with talent and innovation, to nominate their successes across the categories in project management. We believe that many projects and professionals in the region are deserving of a global recognition. These awards are the benchmark in project management, and we want to showcase the stellar work being done in South Asia. We urge organizations and individuals to submit their nominations and share their success stories.”

The PMI Awards encompass five categories: PMI Professional Awards, PMIEF’s Kerzner Award for Excellence in Project Management, PMI Research & Academic Awards, PMI Chapter Awards, and PMI PMO Awards (formerly PMO Global Awards).

Nominations are open through April 4, 2025, with no application fee, and can be submitted at [https://www.pmi.org/about/awards].

Winners will be announced in November 2025 at the PMI Global Summit in Phoenix, AZ.

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