Many teams are finding that building compelling cases for stimulus money requires a resource investment to accurately document and justify their needs for stimulus money.
At a time when teams need to invest in building compelling cases for stimulus money, many are struggling to even keep up with current workloads due to reductions in personnel or pressures to increases output with their existing staff and resources.
The resource constraints and productivity pressure not only impact the ability of organizations to make their cases for stimulus money, but they also have an impact on organization’s ability to start fully spending the stimulus money once it’s granted. 82% of teams reported obstacles that would prevent them from immediately starting to spend stimulus money.
The results suggest that rather than giving an immediate jolt to the economy, stimulus spending will be delayed as most respondents don’t have the immediate resources to complete their proposed projects. Hardly an argument against stimulus spending, but pretty clearly a good sum of the money intended to be spent during the actual recession will be spent during the recover. Not a bad thing if your recovery is slow and painful, as this one seems likely to be.