Temenos T24 PROGRAM MANAGER at Union National Bank
Featured discussion
In your experience, what is the TOP #1 cause for Project failure?
From experience, the following are the TOP10 causes of Project failure that Mathew can think of (they are not in any kind of order):
#1. Lacking Sponsor 's Involvement/Ownership
#2. Halo Effect (Wrong Man for the Job)
#3. Poor HR Management
#4. Poor/Inadequate Project Communications
#5. Ignoring Project Stakeholders
#6. Absence of Risk Management
#7. Scope Creep/Unrealistic Expectations ( scope creep: Frequent and uncontrolled changes in the scope or requirements of a project)
#8. Lack of Monitoring of Plan
#9. Absence of a Project Management Methodology
#10. Simple BAD LUCK :)
You may feel free to chose any of the above and/or add a cause from your own experience that you think is the most recurring reason for project failure.
Looking forward to sharing & learning.
[Mathew@PM4K] @ http://www.anishmathaimathew.blogspot.com
Karl Kerr
Project Planner at Knorr-Bremse Rail Systems UK Limited
Anish,
Wow a great question and one that should generate plenty of feedback!
I have worked on many projects in my time in the following sectors: Nuclear, Public Sector, Rail & Telecommunications.
They all have one thing in common: they have in place Project Management systems and processes and plan to succeed! However with all best intentions they usually ' 'fail ' ' to varying degrees.
You highlight perfectly the typical examples that are all to common and oft repeated.
I can cite an extreme example of a project failure:
There were seven state funded Research Bodies all running their own individual payroll, procurement, pensions & HR functions. A decision was made to combine these functions into a shared service (SSC). A company was created that would eventually take delivery of and manage this combined