In remarkably timely fashion, the ILTA Project Management Steering Committee has released its 2008 update to a 2007 survey. Now less than 2% of the 141 respondents indicated that their firms had no project management capabilities, down from 17% a year ago. Respondents still had significant concerns about the effectiveness of project management.
Not surprisingly, the larger the firm, the more likely it is to have a formal project management office (PMO).
For more context about the cost- and results effectiveness of project management, see my post on yesterday's CIO panel.