Monday, September 16, 2019

Post 34 - Why Do Projects Fail


As I was reading away as usual during my daily reading, I came across some interesting information in one of the blogs I came across and I thought it would be useful to share with you here.

It answered one of my original questions of ' why do projects fail '.

Image result for project failure

Before I started this course, it kind of seemed strange to me that a high percentage of projects fail because I was of the view that, all companies would take the necessary measures to ensure success. However, It wasn't as straightforward as I expected.

The interesting thing I've discovered on this course and through my readings is that ' Even if you plan, initiate, execute, and manage your projects efficiently, there is still a chance for an unanticipated risk to bring it all to the ground '


So what are some common causes for project failure  ? 

 Here are 7 reasons:


1 - Communication between team members and managers being minimal.

2 - Avoiding Conflict Resolution

3 - Project Managers Lacking Experience

4 -  Resource Allocation being Inadequate

5 - Wrong Time Estimates

6 - Expectations  are Unclear or Unrealistic

7 - Poor Stakeholder Management


These causes might seem simple and straightforward to avoid, but you'd be surprised how common they are causing projects to fail.

Find these causes mentioned in the article below:

https://www.proprofs.com/c/project/common-reasons-for-project-failure/


I will share with you some suggested solutions in the next article so make sure to follow.


Please feel fee to leave your thoughts here also.




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