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Tips for Avoiding Project Failures
Posted By Don Wood On 03.01.2009 @ 18:52 In Project Management | No Comments
Studies have shown that many IT projects are considered to be failures. The Standish Group has reported high failure rates for years and recently a study by KPMG found that about half of the respondents reported at least one failed project in the past year. Why do projects fail? The reasons are too numerous are varied to identify; however, I’ll discuss some common failure points. This is not isolated to IT; it applies to any type of project such as implementing a new software, improving a business process, creating a marketing plan, or any thing that can be defined as a “project”. So, what is the definition of a “project”? According to the [1] Project Management Institute (”PMI”) “a project is a unique temporary endeavor, with a set beginning and end”.
Now that we defined a project we should also define “project failure”. That is to say, how do you know if the project failed or succeeded? Ah! That is actually one of the reasons projects fail! In other words, not defining the success criteria can lead to failure. For example, if we implemented a new software system and it worked exactly as the vendor stated but nobody in the company uses it, was the project a failure or successful? I worked on a project for a large Federal Government Agency and something similar happened. It was on a project that occurred before I arrived. There was a large IT project that was scrapped because the business didn’t like the way it worked. But people in the IT Department were patting themselves on the back for delivering the product on time.
Okay, so what are some common reasons projects fail?
As I said before, there are many reasons why a project may fail, but if you take care of these common issues your rate of success will be much improved.
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URL to article: http://blog.dbrw.com/2009/03/01/tips-for-avoiding-project-failures/
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[1] Project Management Institute: http://www.pmi.org
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