Why Some Business Projects Fail

It is important that project managers are both familiarof these projects.
with and follow established tools and techniques ofUnresolved Problems:
project management. Good leadership at managementIt is most important that we deal with problems quickly
level is crucial. Poor management skills will undermineand fairly rather than ignoring them or being arbitrary in
established methodologies. It is very tempting to takeour problem-resolution processed. This shows others
so-called 'short-cuts' instead of applying thethat we want things done right, but that it is also OK to
methodology.make mistakes.
This can happen for several reasons:Rewards:
1 - 'Catching up' when the project is behind scheduleWe need to acknowledge what rewards people
'catch up.'expect and to understand that they cannot be
2 - Costs are over-running budget and some stepsexpected to actively engage in the project if they feel
are skipped over.under-rewarded.
3 - Team members are untrained in the methodologyRisks and New Ideas:
and do notknow they are taking short cuts.We need to foster new ideas and risk-taking within
Cost overruns:agreed parameters, rather than a culture of fear and
If the scheduling and technical details are too preciselyrisk-aversion.
defined before project start then there may beThere are some key ways that we can help to avoid
insufficient time and money to implement the projectfailure:
methodology properly - creating cost overruns relativeHave a plan and know what we are doing. Understand
to the budget.change management and how people deal with
Poor people management:change. Make sure that the people in top management
People need to be managed appropriately to ensurewhose support we need support us. Listen carefully to
that they remain motivated,committed and able toany concerns stakeholders have and deal with these
perform well during the project.to their satisfaction.
Uncertainty and Change:Make sure that project objectives dovetail with overall
In an ever-changing world the most successfulbusiness objectives and remember no business
organizations are those which can adapt to deal withenterprise or project is completely devoid of risks we
emerging contingencies. Not all projects are robustneed to be able to analyse possible risks and have
enough to absorb these changes. It is important thatmeasure in place to prevent them or to deal
any change management processes in theappropriately with them should they occur.
organisation generally be applied to the management