MYTH #1 – Growth Rate is Decreasing

FACT – Large size firms are experiencing better growth rates than predicted, with an industry average of 10% annually.

MYTH #2 – The GovCon M&A market is active and vibrant.

FACT – Not exactly. Over 85% of large firms indicated that they didn’t have definite M&A plans for 2010.

MYTH #3: Project Management is a mature discipline among large firms.

FACT: Maybe not. Only 11% of large firms thought that their project management was very mature. Also, the larger the firm the more likely they were to report a lower level of project status confidence.

MYTH #4: Big Firms Do Things Faster

FACT: The industry average invoicing cycle of a large firm is 12.6 days, while the cycle of a smaller firm is four times shorter!

MYTH #5: DCAA Has Turned Mean

FACT: More than 83% of firms that were recently audited said that their relationship with DCAA was ‘good’ or ‘excellent’. And, the vast majority of firms said it was improving!