Without projects, it would be impossible to deal with the challenges society is facing today. But did you know projects and programmes are also making a huge economic contribution?

 

It’s an exciting time for The Association for Project Management (APM) as we reveal The Golden Thread 2024, our defining study into how the project profession contributes to the UK economy.

 

The project profession has seen substantial growth in UK FTEs and economic contribution. In fact, the total FTEs working in the project profession across the UK has grown to an estimated 2.32 million (2.13 million in 2019), while GVA has risen to £186.8bn, increasing by more than £30bn since 2019.

 

Commissioned by APM and conducted by PwC Research, this report provides valuable insights about the sectors that are driving this growth and the vast opportunities that are emerging. With the project profession not just holding firm but growing faster than ever before, there’s plenty to be optimistic about.

 

By updating previous findings in the context of global disruptions like the COVID-19 pandemic, political uncertainty and increasing pressures to address climate change, this research provides current insights and informs discussions on the profession’s future.

 

In addition, using robust methodologies, including data analysis, surveys and expert interviews, the report uncovers and highlights the role of project management in addressing evolving challenges, including the talent and skills shortage.

 

View the research and download the full report: https://www.apm.org.uk/resources/research/the-golden-thread/