Study Data · Part 4 · Indicator Deep-Dive Analysis

What professional certifications do you have?

Indicator C015 · By Phil Hatch · Akholi · October 9, 2026

Indicator Specification

Table 1. Indicator specificationTable
FieldValue
Indicator codeC015
Question as askedWhat professional certifications do you have?
Failure categoryNot one of the 100 rated indicators
Place in the surveyRespondent Demographics > 1.2 Experience and Expertise > Credentials
Indicator classRespondent level
Indicator typeCategorical
Response scaleLevels: None, Six Sigma Green Belt, ITIL Foundation, AWS Certified Cloud Practitioner, PMP, ITIL, PMP, Scrum Master, PMP, Six Sigma Black Belt, PMP, MBA, PMP, ITIL Expert, PgMP, MBA
Answering base793 of 850 respondents gave one of the listed answers, across 150 of 150 engagements. None answered I do not know or I prefer to not answer
Non-answersI do not know 0, I prefer to not answer 0, blank 57

Summary of Findings

Table 2. Key results: association of the indicator with the four study measuresTable
MeasureEffect sizenValuep
Cancellation rateOmega squared, 0 or 1 flag99 engagements0.0130.235
Customer satisfactionOmega squared50 engagements−0.0200.992
Engagement indicator meanOmega squared99 engagements0.0070.211
Intent to leaveOmega squared99 engagements0.0110.346

Of the 850 respondents, 793 answered the question. None, a listed answer, was the most frequent (236, 29.76%), followed by Six Sigma Green Belt (127), ITIL Foundation (126) and AWS Certified Cloud Practitioner (124). Each answer was given by respondents of a single role: individual contributors gave None or one of those three certifications, engagement managers gave PMP alone or with ITIL or Scrum Master, or Six Sigma Black Belt, and portfolio directors gave PMP with an MBA or ITIL Expert, or PgMP.

At engagement level, the certification assigned to each engagement was not associated with cancellation (chi-square 4.29, p = 0.235, n = 99 engagements), customer satisfaction among active engagements (Welch F 0.00, p = 0.992, n = 50 engagements), the engagement indicator mean (Welch F 1.60, p = 0.211, n = 99 engagements) or intent to leave (Welch F 1.15, p = 0.346, n = 99 engagements). Those tests compare the four answers of individual contributors, the only answers that were the plurality on 10 or more engagements. At respondent level, with standard errors clustered by engagement, the answers differed on all four measures, but those tests include answers given by one to twelve respondents and track role. Restricted to the seven answers given by 30 or more respondents, cancellation and customer satisfaction no longer differed.

Distribution of Responses

Table 3. Distribution of responses, respondent levelTable
AnswerRespondentsShare of answered (base 793)Cumulative shareEngagements with at least oneShare of 150 engagementsDistressed
None23629.76%29.76%12986.00%Not applicable
Six Sigma Green Belt12716.02%45.78%9563.33%Not applicable
ITIL Foundation12615.89%61.66%8858.67%Not applicable
AWS Certified Cloud Practitioner12415.64%77.30%8959.33%Not applicable
PMP, ITIL445.55%82.85%4429.33%Not applicable
PMP, Scrum Master435.42%88.27%4328.67%Not applicable
PMP354.41%92.69%3523.33%Not applicable
Six Sigma Black Belt283.53%96.22%2818.67%Not applicable
PMP, MBA121.51%97.73%128.00%Not applicable
PMP, ITIL Expert91.13%98.87%96.00%Not applicable
PgMP81.01%99.87%85.33%Not applicable
MBA10.13%100.00%10.67%Not applicable
Answered, total793100.00%150100.00%

Each engagement was assigned the answer given by the largest number of its respondents, with None counted as an answer. Fifty-one engagements were tied and carry no assigned answer, and 99 carry one. Every assigned answer is one of the four given by individual contributors. The MBA alone was given by one respondent.

Descriptive Statistics by Segment

Table 4. Descriptive statistics by segmentTable
SegmentBaseAnsweredAnswer rateEngagementsNone, shareSix Sigma Green Belt, shareITIL Foundation, share
Study set85079393.29% of 85015029.76%16.02%15.89%
Outsourcing model
CXM23222094.83% of 2324229.55%14.09%20.45%
ITO24422491.80% of 2444027.23%16.96%12.95%
BPO20919593.30% of 2093729.74%16.92%15.38%
KPO16515493.33% of 1653133.77%16.23%14.29%
Institution type
Asset management13212796.21% of 1322429.13%14.96%19.69%
Wealth management and private banking14013294.29% of 1402330.30%16.67%14.39%
Investment banking (advisory and capital-markets origination)1059792.38% of 1051931.96%18.56%13.40%
Insurance (life, property and casualty, health)787494.87% of 781436.49%12.16%20.27%
Commercial and business banking827591.46% of 821325.33%13.33%17.33%
Payments and merchant acquiring (networks, acquiring, processing)716490.14% of 711323.44%18.75%15.63%
Credit card and payments issuing736791.78% of 731223.88%20.90%16.42%
Retail and consumer banking736589.04% of 731235.38%13.85%13.85%
Markets and trading (sales and trading, global markets)575596.49% of 571125.45%16.36%16.36%
Private equity and private capital393794.87% of 39937.84%13.51%5.41%
Process family
Corporate and back-office functions24823895.97% of 2484731.93%15.97%15.55%
Technology engineering and operations20419193.63% of 2043528.80%18.32%14.14%
Client servicing and communications948489.36% of 941629.76%11.90%17.86%
Trade, settlement and reconciliation807593.75% of 801529.33%18.67%18.67%
Payments, cards and disputes736690.41% of 731221.21%19.70%15.15%
Credit, underwriting and suitability575291.23% of 57930.77%13.46%21.15%
Regulatory, audit, tax and legal514996.08% of 51932.65%12.24%12.24%
Financial crime and client onboarding433888.37% of 43731.58%10.53%15.79%
Class of work
LOB Operational45141491.80% of 4517629.47%14.49%15.94%
Corporate Functional39937994.99% of 3997430.08%17.68%15.83%
Engagement status and lifecycle stage
Active, Build-Out17516694.86% of 1753133.13%19.28%18.07%
Active, Transition/Cut-Over25023895.20% of 2504329.83%16.81%13.03%
Active, Production1039188.35% of 1032031.87%15.38%9.89%
Canceled32229892.55% of 3225627.18%13.76%18.79%
Respondent role
Individual Contributor66761391.90% of 66715038.50%20.72%20.55%
Engagement Manager150150100.00% of 1501500.00%0.00%0.00%
Portfolio Director312993.55% of 31290.00%0.00%0.00%
Customer Management Executive211 of 21000
Vendor type
IT services major31628790.82% of 3165928.57%16.38%16.72%
BPO specialist19818794.44% of 1983728.88%14.97%17.11%
Consulting firm11711194.87% of 1172330.63%17.12%13.51%
Boutique or specialist provider878294.25% of 871730.49%15.85%9.76%
Pure-play agentic AI firm757296.00% of 751427.78%13.89%18.06%
Not reported, recovered by engagement575494.74% of 574638.89%18.52%18.52%
Table 5. Descriptive statistics by segment, remaining answer levelsTable
SegmentBaseAnsweredAnswer rateEngagementsAWS Certified Cloud Practitioner, sharePMP, ITIL, sharePMP, Scrum Master, share
Study set85079393.29% of 85015015.64%5.55%5.42%
Outsourcing model
CXM23222094.83% of 2324212.73%4.55%5.45%
ITO24422491.80% of 2444020.54%7.14%4.91%
BPO20919593.30% of 2093715.38%4.62%6.67%
KPO16515493.33% of 1653112.99%5.84%4.55%
Institution type
Asset management13212796.21% of 1322414.17%4.72%7.87%
Wealth management and private banking14013294.29% of 1402316.67%4.55%4.55%
Investment banking (advisory and capital-markets origination)1059792.38% of 1051913.40%6.19%6.19%
Insurance (life, property and casualty, health)787494.87% of 781412.16%8.11%2.70%
Commercial and business banking827591.46% of 821322.67%5.33%2.67%
Payments and merchant acquiring (networks, acquiring, processing)716490.14% of 711317.19%4.69%6.25%
Credit card and payments issuing736791.78% of 731213.43%4.48%5.97%
Retail and consumer banking736589.04% of 731213.85%4.62%4.62%
Markets and trading (sales and trading, global markets)575596.49% of 571120.00%5.45%9.09%
Private equity and private capital393794.87% of 39913.51%10.81%2.70%
Process family
Corporate and back-office functions24823895.97% of 2484713.03%5.04%5.88%
Technology engineering and operations20419193.63% of 2043516.23%7.33%4.19%
Client servicing and communications948489.36% of 941620.24%4.76%7.14%
Trade, settlement and reconciliation807593.75% of 801510.67%4.00%5.33%
Payments, cards and disputes736690.41% of 731219.70%6.06%7.58%
Credit, underwriting and suitability575291.23% of 57915.38%3.85%1.92%
Regulatory, audit, tax and legal514996.08% of 51918.37%8.16%2.04%
Financial crime and client onboarding433888.37% of 43718.42%2.63%10.53%
Class of work
LOB Operational45141491.80% of 4517618.12%5.80%6.04%
Corporate Functional39937994.99% of 3997412.93%5.28%4.75%
Engagement status and lifecycle stage
Active, Build-Out17516694.86% of 175317.83%5.42%5.42%
Active, Transition/Cut-Over25023895.20% of 2504317.65%5.88%4.62%
Active, Production1039188.35% of 1032016.48%4.40%7.69%
Canceled32229892.55% of 3225618.12%5.70%5.37%
Respondent role
Individual Contributor66761391.90% of 66715020.23%0.00%0.00%
Engagement Manager150150100.00% of 1501500.00%29.33%28.67%
Portfolio Director312993.55% of 31290.00%0.00%0.00%
Customer Management Executive211 of 21000
Vendor type
IT services major31628790.82% of 3165913.94%8.01%5.23%
BPO specialist19818794.44% of 1983714.44%4.81%5.35%
Consulting firm11711194.87% of 1172315.32%4.50%5.41%
Boutique or specialist provider878294.25% of 871719.51%1.22%9.76%
Pure-play agentic AI firm757296.00% of 751416.67%8.33%5.56%
Not reported, recovered by engagement575494.74% of 574622.22%0.00%0.00%
Table 6. Descriptive statistics by segment, remaining answer levelsTable
SegmentBaseAnsweredAnswer rateEngagementsPMP, shareSix Sigma Black Belt, sharePMP, MBA, share
Study set85079393.29% of 8501504.41%3.53%1.51%
Outsourcing model
CXM23222094.83% of 232424.55%4.55%0.45%
ITO24422491.80% of 244403.13%2.68%2.23%
BPO20919593.30% of 209375.13%2.56%2.05%
KPO16515493.33% of 165315.19%4.55%1.30%
Institution type
Asset management13212796.21% of 132242.36%3.94%0.79%
Wealth management and private banking14013294.29% of 140234.55%3.79%1.52%
Investment banking (advisory and capital-markets origination)1059792.38% of 105194.12%3.09%0.00%
Insurance (life, property and casualty, health)787494.87% of 78145.41%2.70%0.00%
Commercial and business banking827591.46% of 82135.33%4.00%1.33%
Payments and merchant acquiring (networks, acquiring, processing)716490.14% of 71136.25%3.13%1.56%
Credit card and payments issuing736791.78% of 73122.99%4.48%2.99%
Retail and consumer banking736589.04% of 73126.15%3.08%4.62%
Markets and trading (sales and trading, global markets)575596.49% of 57111.82%3.64%1.82%
Private equity and private capital393794.87% of 3998.11%2.70%2.70%
Process family
Corporate and back-office functions24823895.97% of 248474.20%4.62%1.26%
Technology engineering and operations20419193.63% of 204353.66%3.14%2.09%
Client servicing and communications948489.36% of 94163.57%3.57%0.00%
Trade, settlement and reconciliation807593.75% of 80158.00%2.67%0.00%
Payments, cards and disputes736690.41% of 73124.55%0.00%4.55%
Credit, underwriting and suitability575291.23% of 5793.85%7.69%0.00%
Regulatory, audit, tax and legal514996.08% of 5196.12%2.04%2.04%
Financial crime and client onboarding433888.37% of 4372.63%2.63%2.63%
Class of work
LOB Operational45141491.80% of 451763.86%2.66%1.21%
Corporate Functional39937994.99% of 399745.01%4.49%1.85%
Engagement status and lifecycle stage
Active, Build-Out17516694.86% of 175314.22%3.61%0.60%
Active, Transition/Cut-Over25023895.20% of 250433.36%4.20%1.68%
Active, Production1039188.35% of 103208.79%1.10%3.30%
Canceled32229892.55% of 322564.03%3.69%1.34%
Respondent role
Individual Contributor66761391.90% of 6671500.00%0.00%0.00%
Engagement Manager150150100.00% of 15015023.33%18.67%0.00%
Portfolio Director312993.55% of 31290.00%0.00%41.38%
Customer Management Executive211 of 21000
Vendor type
IT services major31628790.82% of 316595.23%2.09%2.09%
BPO specialist19818794.44% of 198375.35%4.28%0.00%
Consulting firm11711194.87% of 117233.60%7.21%1.80%
Boutique or specialist provider878294.25% of 87174.88%4.88%2.44%
Pure-play agentic AI firm757296.00% of 75142.78%2.78%2.78%
Not reported, recovered by engagement575494.74% of 57460.00%0.00%0.00%
Table 7. Descriptive statistics by segment, remaining answer levelsTable
SegmentBaseAnsweredAnswer rateEngagementsPMP, ITIL Expert, sharePgMP, shareMBA, share
Study set85079393.29% of 8501501.13%1.01%0.13%
Outsourcing model
CXM23222094.83% of 232422.27%1.36%0.00%
ITO24422491.80% of 244400.89%0.89%0.45%
BPO20919593.30% of 209370.51%1.03%0.00%
KPO16515493.33% of 165310.65%0.65%0.00%
Institution type
Asset management13212796.21% of 132240.79%1.57%0.00%
Wealth management and private banking14013294.29% of 140231.52%1.52%0.00%
Investment banking (advisory and capital-markets origination)1059792.38% of 105191.03%1.03%1.03%
Insurance (life, property and casualty, health)787494.87% of 78140.00%0.00%0.00%
Commercial and business banking827591.46% of 82131.33%1.33%0.00%
Payments and merchant acquiring (networks, acquiring, processing)716490.14% of 71131.56%1.56%0.00%
Credit card and payments issuing736791.78% of 73122.99%1.49%0.00%
Retail and consumer banking736589.04% of 73120.00%0.00%0.00%
Markets and trading (sales and trading, global markets)575596.49% of 57110.00%0.00%0.00%
Private equity and private capital393794.87% of 3992.70%0.00%0.00%
Process family
Corporate and back-office functions24823895.97% of 248471.26%1.26%0.00%
Technology engineering and operations20419193.63% of 204351.05%1.05%0.00%
Client servicing and communications948489.36% of 94161.19%0.00%0.00%
Trade, settlement and reconciliation807593.75% of 80150.00%1.33%1.33%
Payments, cards and disputes736690.41% of 73121.52%0.00%0.00%
Credit, underwriting and suitability575291.23% of 5791.92%0.00%0.00%
Regulatory, audit, tax and legal514996.08% of 5192.04%2.04%0.00%
Financial crime and client onboarding433888.37% of 4370.00%2.63%0.00%
Class of work
LOB Operational45141491.80% of 451761.21%0.97%0.24%
Corporate Functional39937994.99% of 399741.06%1.06%0.00%
Engagement status and lifecycle stage
Active, Build-Out17516694.86% of 175311.81%0.60%0.00%
Active, Transition/Cut-Over25023895.20% of 250431.26%1.68%0.00%
Active, Production1039188.35% of 103200.00%1.10%0.00%
Canceled32229892.55% of 322561.01%0.67%0.34%
Respondent role
Individual Contributor66761391.90% of 6671500.00%0.00%0.00%
Engagement Manager150150100.00% of 1501500.00%0.00%0.00%
Portfolio Director312993.55% of 312931.03%27.59%0.00%
Customer Management Executive211 of 21001
Vendor type
IT services major31628790.82% of 316590.35%1.39%0.00%
BPO specialist19818794.44% of 198373.21%1.60%0.00%
Consulting firm11711194.87% of 117230.00%0.00%0.90%
Boutique or specialist provider878294.25% of 87170.00%1.22%0.00%
Pure-play agentic AI firm757296.00% of 75141.39%0.00%0.00%
Not reported, recovered by engagement575494.74% of 57461.85%0.00%0.00%

Each share is computed on the respondents who answered in that row. Rows with fewer than 10 respondents report counts only. The respondent role rows are not tested, because the segment family records the same split the answers make.

Tests of Difference Between Segments

Table 8. Tests of difference between segmentsTable
Segment familyUnitChi-squaredfpHolm pCramer's VTest for pLevels excluded
Outsourcing modelEngagement4.9790.8531.0000.13Monte Carlo, simulatedNone
Institution typeEngagement4.4660.6871.0000.23Monte Carlo, simulateda
Process familyEngagement11.5090.2431.0000.23Monte Carlo, simulatedb
Class of workEngagement4.3630.2251.0000.21chi-squareNone
Engagement status and lifecycle stageEngagement10.1890.3431.0000.19Monte Carlo, simulatedNone
Respondent roleRespondent1,584.0020< 0.001< 0.0011.00Monte Carlo, simulatedCustomer Management Executive, n = 1
Vendor typeRespondent63.56550.2031.0000.13Monte Carlo, simulatedNone
Note: a Levels excluded: Insurance (life, property and casualty, health), n = 8, Commercial and business banking, n = 9, Payments and merchant acquiring (networks, acquiring, processing), n = 9, Credit card and payments issuing, n = 8, Retail and consumer banking, n = 8, Markets and trading (sales and trading, global markets), n = 8, Private equity and private capital, n = 5. b Levels excluded: Trade, settlement and reconciliation, n = 8, Credit, underwriting and suitability, n = 3, Regulatory, audit, tax and legal, n = 7, Financial crime and client onboarding, n = 7.

Segment families recorded at engagement level were tested on engagements, and respondent role and vendor type on respondents. After Holm correction, the answers differed by respondent role (Cramer's V 1.00, Holm p < 0.001), a complete separation: each answer was given within one role only. No other family differed.

Association with Cancellation Rate

Cancellation rate is the share of engagements canceled by the study date, measured at engagement level (150 engagements, 56 canceled).

Table 9. Association with cancellation rate by answer levelTable
Answer levelEngagementsCanceledCancellation rate
None592033.90%
Six Sigma Green Belt13215.38%
ITIL Foundation15746.67%
AWS Certified Cloud Practitioner12650.00%
PMP, ITIL0No engagements
PMP, Scrum Master0No engagements
PMP0No engagements
Six Sigma Black Belt0No engagements
PMP, MBA0No engagements
PMP, ITIL Expert0No engagements
PgMP0No engagements
MBA0No engagements
Table 10. Association with cancellation rate, tests across answer levels by segmentTable
SegmentEngagementsChi-squaredfpHolm pCramer's VTest for p
Study set994.2930.2350.2350.21Monte Carlo, simulated
Outsourcing model
CXM26a
ITO26a
BPO25a
KPO22a
Institution type
Asset management16a
Wealth management and private banking16a
Investment banking (advisory and capital-markets origination)12a
Insurance (life, property and casualty, health)8‡
Commercial and business banking9‡
Payments and merchant acquiring (networks, acquiring, processing)9‡
Credit card and payments issuing8‡
Retail and consumer banking8‡
Markets and trading (sales and trading, global markets)8‡
Private equity and private capital5‡
Process family
Corporate and back-office functions32a
Technology engineering and operations22a
Client servicing and communications10a
Trade, settlement and reconciliation8‡
Payments, cards and disputes10a
Credit, underwriting and suitability3b
Regulatory, audit, tax and legal7‡
Financial crime and client onboarding7‡
Class of work
LOB Operational51a
Corporate Functional48a
Engagement status and lifecycle stage
Active, Build-Outb
Active, Transition/Cut-Overb
Active, Productionb
Canceledb
Note: ‡ Base under 10. No statistic is reported. a Not tested: fewer than two levels of 10 or more engagements. b Not tested: no variation in cancellation.

Across the 99 engagements assigned one of the four answers of individual contributors, cancellation did not differ by answer (chi-square 4.29, df = 3, p = 0.235). At respondent level, with every answer as a level and standard errors clustered by engagement, it differed (F = 25.68, df = 11 and 149, p < 0.001, n = 793 respondents). Restricted to the seven answers given by 30 or more respondents, the difference did not hold (F = 1.72, df = 6 and 149, p = 0.120, n = 735 respondents).

Association with Customer Satisfaction

Customer satisfaction is the percentage recorded against each engagement. The engagement-level estimate uses the active engagements in the answer levels with 10 or more active engagements.

Table 11. Association with customer satisfaction by answer levelTable
Answer levelEngagementsMean of the measureSD
None3963.212.0
Six Sigma Green Belt1163.312.5
ITIL Foundation8‡
AWS Certified Cloud Practitioner6‡
PMP, ITIL0No engagements
PMP, Scrum Master0No engagements
PMP0No engagements
Six Sigma Black Belt0No engagements
PMP, MBA0No engagements
PMP, ITIL Expert0No engagements
PgMP0No engagements
MBA0No engagements
Note: ‡ Base under 10. No statistic is reported.
Table 12. Association with customer satisfaction, tests across answer levels by segmentTable
SegmentEngagementsWelch FdfpHolm pOmega squared90% CI
Study set500.001, 15.60.9920.992−0.0200.000 to 0.000
Outsourcing model
CXM17a
ITO18a
BPO16a
KPO13a
Institution type
Asset management7‡
Wealth management and private banking14a
Investment banking (advisory and capital-markets origination)7‡
Insurance (life, property and casualty, health)4‡
Commercial and business banking5‡
Payments and merchant acquiring (networks, acquiring, processing)7‡
Credit card and payments issuing6‡
Retail and consumer banking5‡
Markets and trading (sales and trading, global markets)5‡
Private equity and private capital4‡
Process family
Corporate and back-office functions18a
Technology engineering and operations18a
Client servicing and communications5‡
Trade, settlement and reconciliation3‡
Payments, cards and disputes9‡
Credit, underwriting and suitability3‡
Regulatory, audit, tax and legal4‡
Financial crime and client onboarding4‡
Class of work
LOB Operational33a
Corporate Functional31a
Engagement status and lifecycle stage
Active, Build-Out21a
Active, Transition/Cut-Over29a
Active, Production14a
Canceledb
Note: ‡ Base under 10. No statistic is reported. a Not tested: fewer than two levels of 10 or more engagements. b Not tested: canceled engagements fall outside the active population.

Customer satisfaction did not differ by answer at engagement level (Welch F 0.00, p = 0.992, n = 50 engagements). At respondent level, with standard errors clustered by engagement, it differed (F = 23.00, df = 11 and 149, p < 0.001, n = 793 respondents). Restricted to the seven answers given by 30 or more respondents, the difference did not hold (F = 1.55, df = 6 and 149, p = 0.165, n = 735 respondents).

Association with the Engagement Indicator Mean

The engagement indicator mean is the mean of an engagement's ratings across the rated indicators. At respondent level the measure is the respondent's own mean rating. The certification is not a rated indicator and does not enter either mean.

Table 13. Association with the engagement indicator mean by answer levelTable
Answer levelEngagementsMean of the measureSD
None594.01.5
Six Sigma Green Belt134.61.3
ITIL Foundation153.81.6
AWS Certified Cloud Practitioner123.61.1
PMP, ITIL0No engagements
PMP, Scrum Master0No engagements
PMP0No engagements
Six Sigma Black Belt0No engagements
PMP, MBA0No engagements
PMP, ITIL Expert0No engagements
PgMP0No engagements
MBA0No engagements
Table 14. Association with the engagement indicator mean, tests across answer levels by segmentTable
SegmentEngagementsWelch FdfpHolm pOmega squared90% CI
Study set991.603, 28.10.2110.2110.0070.000 to 0.092
Outsourcing model
CXM26a
ITO26a
BPO25a
KPO22a
Institution type
Asset management16a
Wealth management and private banking16a
Investment banking (advisory and capital-markets origination)12a
Insurance (life, property and casualty, health)8‡
Commercial and business banking9‡
Payments and merchant acquiring (networks, acquiring, processing)9‡
Credit card and payments issuing8‡
Retail and consumer banking8‡
Markets and trading (sales and trading, global markets)8‡
Private equity and private capital5‡
Process family
Corporate and back-office functions32a
Technology engineering and operations22a
Client servicing and communications10a
Trade, settlement and reconciliation8‡
Payments, cards and disputes10a
Credit, underwriting and suitability3‡
Regulatory, audit, tax and legal7‡
Financial crime and client onboarding7‡
Class of work
LOB Operational51a
Corporate Functional48a
Engagement status and lifecycle stage
Active, Build-Out21a
Active, Transition/Cut-Over29a
Active, Production14a
Canceled35a
Note: ‡ Base under 10. No statistic is reported. a Not tested: fewer than two levels of 10 or more engagements.

The engagement indicator mean did not differ by answer at engagement level (Welch F 1.60, p = 0.211, n = 99 engagements). At respondent level it differed (F = 26.31, df = 11 and 149, p < 0.001, n = 793 respondents). The respondents' own mean ran from 3.7 among individual contributors with the AWS certification to 5.2 among portfolio directors with PMP and an MBA, the order of the roles. Restricted to the seven answers given by 30 or more respondents, the difference held (F = 3.02, df = 6 and 149, p = 0.008, n = 735 respondents).

Association with Intent to Leave

Intent to leave is the answer to C019, “How likely are you to leave your current job in the next 12 months?”, rated 1 to 10 by up to 798 respondents. For the indicator, the engagement-level comparison uses the mean intent to leave of each engagement.

Table 15. Association with intent to leave by answer levelTable
Answer levelEngagementsMean of the measureSD
None596.82.4
Six Sigma Green Belt135.62.6
ITIL Foundation156.92.3
AWS Certified Cloud Practitioner127.32.2
PMP, ITIL0No engagements
PMP, Scrum Master0No engagements
PMP0No engagements
Six Sigma Black Belt0No engagements
PMP, MBA0No engagements
PMP, ITIL Expert0No engagements
PgMP0No engagements
MBA0No engagements
Table 16. Association with intent to leave, tests across answer levels by segmentTable
SegmentEngagementsWelch FdfpHolm pOmega squared90% CI
Study set991.153, 26.70.3460.3460.0110.000 to 0.098
Outsourcing model
CXM26a
ITO26a
BPO25a
KPO22a
Institution type
Asset management16a
Wealth management and private banking16a
Investment banking (advisory and capital-markets origination)12a
Insurance (life, property and casualty, health)8‡
Commercial and business banking9‡
Payments and merchant acquiring (networks, acquiring, processing)9‡
Credit card and payments issuing8‡
Retail and consumer banking8‡
Markets and trading (sales and trading, global markets)8‡
Private equity and private capital5‡
Process family
Corporate and back-office functions32a
Technology engineering and operations22a
Client servicing and communications10a
Trade, settlement and reconciliation8‡
Payments, cards and disputes10a
Credit, underwriting and suitability3‡
Regulatory, audit, tax and legal7‡
Financial crime and client onboarding7‡
Class of work
LOB Operational51a
Corporate Functional48a
Engagement status and lifecycle stage
Active, Build-Out21a
Active, Transition/Cut-Over29a
Active, Production14a
Canceled35a
Note: ‡ Base under 10. No statistic is reported. a Not tested: fewer than two levels of 10 or more engagements.

Intent to leave did not differ by answer at engagement level (Welch F 1.15, p = 0.346, n = 99 engagements). At respondent level it differed (F = 2.12, df = 10 and 149, p = 0.026, n = 746 respondents). Individual contributors with the AWS certification reported the highest mean (7.3, n = 124 respondents). Restricted to the seven answers given by 30 or more respondents, the difference held (F = 2.71, df = 6 and 149, p = 0.016, n = 689 respondents).

Comparison of Associations Across the Four Measures

Table 17. Associations across the four measuresTable
MeasureEffect sizenValuepEquivalent to zeroRank among the four
Cancellation rateOmega squared, 0 or 1 flag990.0130.235No1
Customer satisfactionOmega squared50−0.0200.992Yes4
Engagement indicator meanOmega squared990.0070.211No3
Intent to leaveOmega squared990.0110.346No2

Steiger's z compares two correlations, and a categorical indicator yields an effect size across its levels and not a correlation. The pairs of measures were therefore not compared. No engagement-level association reached significance.

Clustering and Effective Sample Size

Table 18. Clustering and effective sample sizeTable
StatisticValueReading
Clusters (engagements)150Engagements with one or more answers.
Mean respondents per engagement5.3Answers per engagement, among engagements with one or more answers.
ICC(1)−0.04Share of the variance that lies between engagements.
Design effect1.00One plus the product of the ICC and the mean cluster size less one.
Nominal respondent n793Every answer, with “I do not know” and “I prefer to not answer” counted as levels, as in the plurality rule.
Effective n793Nominal n divided by the design effect.
Cluster bootstrap appliedNoApplied to every respondent-level interval where the ICC is 0.05 or above.

Answers did not cluster within engagements (ICC −0.04): respondents on the same engagement gave different answers, as the mix of roles on each engagement requires. The design effect was 1.00, and the effective n equaled the 793 answers.

Equivalence Tests of Null Results

Table 19. Equivalence tests of null resultsTable
MeasurenOmega squaredEquivalence boundEquivalence pEquivalent to zeroAchieved powerMDE at power 0.80
Cancellation rate990.013Omega squared < 0.0900.074No0.730.103
Customer satisfaction50−0.020Omega squared < 0.090< 0.001Yes0.590.141
Engagement indicator mean990.007Omega squared < 0.0900.054No0.730.103
Intent to leave990.011Omega squared < 0.0900.066No0.730.103

Customer satisfaction was equivalent to zero (equivalence p = < 0.001, n = 50 engagements). The engagement indicator mean and intent to leave were not, and their results are inconclusive rather than evidence of no association. The cancellation contrast carries no equivalence test.

Robustness Checks

Table 20. Robustness checksTable
CheckMeasurePrimary pCheck pCheck statisticConclusion holds
Kruskal-Wallis in place of Welch FCustomer satisfaction0.9920.9350.01Yes
Kruskal-Wallis in place of Welch FEngagement indicator mean0.2110.2973.69Yes
Kruskal-Wallis in place of Welch FIntent to leave0.3460.4332.74Yes
Active engagements onlyEngagement indicator mean0.2110.8150.06Yes
Active engagements onlyIntent to leave0.3460.3410.97Yes
Respondent level, cluster-robust Wald F by engagementCancellation rate0.235< 0.00125.68No
Respondent level, cluster-robust Wald F by engagementCustomer satisfaction0.992< 0.00123.00No
Respondent level, cluster-robust Wald F by engagementEngagement indicator mean0.211< 0.00126.31No
Respondent level, cluster-robust Wald F by engagementIntent to leave0.3460.0262.12No

A check holds when its test falls on the same side of 0.05 as the primary test. The engagement-level checks held. Each respondent-level check failed, because the respondent-level test found a difference where the engagement-level test found none (four of four). The respondent-level test compares answers that track role, and it includes answers given by one to twelve respondents.

Measure Independence and Part-Whole Correction

Each of the four measures was computed from data the indicator does not contain. Each result is therefore a finding and not an arithmetic consequence.

Comparison with the Study Norm

A categorical indicator has no signed correlation with the study measures and therefore no profile against the study norm.

Interpretation of the Data

The certifications respondents reported divide along role without overlap, so the indicator restates role in another form. Among the engagements assigned an answer of individual contributors, the certification was not associated with any study measure. The respondent-level differences in the respondents' own ratings follow the order of the roles, and none of the respondent-level differences can be separated from role.

Limitations

The evidence is the reported experience of the vendor's delivery teams, collected in a single cross-section. The associations reported here are not causal.

Only the four answers of individual contributors were the plurality on 10 or more engagements, so the engagement-level tests do not compare certifications across roles.

The respondent-level tests include answers given by one, eight, nine and twelve respondents. A level of a few respondents rests on a few engagements, so the size of the respondent-level F statistics should not be read as a measure of effect. Restricted to the seven answers given by 30 or more respondents, the differences in cancellation and customer satisfaction did not hold, and those in the engagement indicator mean and intent to leave did.

Tests by respondent role and by vendor type treated respondents as independent.

Definitions

Table 21. DefinitionsTable
TermDefinition
Response scaleThe answer is one of the listed certifications or combinations of certifications shown in the indicator specification, or None. The indicator is not a rating. No distressed range applies.
Answering baseRespondents who gave one of the listed answers, None included.
Non-answers“I do not know” and “I prefer to not answer” are counted separately. They are excluded from the answering base and from the shares.
Indicator classRespondent level: a property of the respondent rather than of the engagement.
Failure categoryThe five failure categories of the Study Taxonomy apply only to the rated indicators. The indicator carries none.
Assigned answerThe answer given by the largest number of an engagement's respondents, with None counted as an answer. A tied engagement carries no assigned answer.
Clustered testA test whose standard error allows for the answers of respondents on the same engagement to be alike.
Cramer's VAn effect size for a table of counts, from no association at its lowest value to complete association at its highest.

Sources and Provenance

Table 22. Sources and provenanceTable
SourceValue
Study dataStudy Data.xlsx, Data sheet, column C015, sha256 219eba0457274d04
Statistics enginecompute_statistics.py, sha256 738319eef764602b
Statistics recordComputed Statistics.json, record C015, sha256 1ae50a3637fc9370
ComputedOctober 13, 2026, 04:57 UTC
TemplateIndicator Template v2, version 2.0 of 10 October 2026
Figures placed by script1,764

Continue the report

Executive summary →
Overview

Executive Summary

Four findings from 150 engagements

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Introduction

Introduction

Scope, evidence, and how the report is organized

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Part 1

Engagement Outcomes

Poor results on every measure, and what separates them

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Part 2

The Five Failure Categories

Where failure concentrates, category by category

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Part 3

Governance, Oversight, and Control

Controls that existed in name only

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Part 4

The Delivery Workforce

Early in their careers, dissatisfied, and many intending to leave

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Part 5

Manual Alteration

How the delivery team altered the work to sustain it

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Part 6

Executive Action Plan

Seven immediate actions and a first-year plan

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Appendices

Appendices

Definitions, indicator inventory, method, and disclosures

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Data

Study Data

Deep-dive analyses of the study indicators, published in stages

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