Why Good Projects Fail
WHY GOOD PROJECTS FAIL
CONTENTS:
FACTS 2 QUESTIONS 2 1. Compare the traditional way of organizing projects with the rapid results initiative proposed in this blog. What are the differences between the two ways? 2 Tabulation of differences: 4 2. What are the main implications for the organization of the project if they adopt the rapid results initiative approach? 5 3. Analyze the probable impact of this method on the three constraints of project management. 5 Project Cost 6 Project Time 6 Project Performance 6 4. Conclude by giving your opinion about its effectiveness. 6
FACTS
The key points to be noted from the text are as follows:
1. Projects may fail due to execution issues and not always the idea 2. Big projects, over half the time deliver disappointing results. 3. Traditional approach to Project management shifts focus from end result. 4. There is high possibility of critical tasks to be left off the project planning. 5. More often, “white space risk” and “integration risk” are neglected by project managers while calculating the overall risk of the project. 6. Rapid-results initiative (RRI) tests performed delivered results quickly. 7. RRIs are Results Oriented, work as Verticals encompassing several horizontal activities and produce Fast results. 8. Implemented for no more than 100 days, RRI’s produce greater results and help identifying gaps in risks assessed for projects.
QUESTIONS
1. Compare the traditional way of organizing projects with the rapid results initiative proposed in this blog. What are the differences between the two ways?
Traditional Approach of Project Management:
The traditional way of organizing projects involves key tasks identified by managers which will run over a period of time and will be integrated in the final phase of the project. The Project manager is responsible for identifying the High Risk related areas which will otherwise make the project
CONTENTS:
FACTS 2 QUESTIONS 2 1. Compare the traditional way of organizing projects with the rapid results initiative proposed in this blog. What are the differences between the two ways? 2 Tabulation of differences: 4 2. What are the main implications for the organization of the project if they adopt the rapid results initiative approach? 5 3. Analyze the probable impact of this method on the three constraints of project management. 5 Project Cost 6 Project Time 6 Project Performance 6 4. Conclude by giving your opinion about its effectiveness. 6
FACTS
The key points to be noted from the text are as follows:
1. Projects may fail due to execution issues and not always the idea 2. Big projects, over half the time deliver disappointing results. 3. Traditional approach to Project management shifts focus from end result. 4. There is high possibility of critical tasks to be left off the project planning. 5. More often, “white space risk” and “integration risk” are neglected by project managers while calculating the overall risk of the project. 6. Rapid-results initiative (RRI) tests performed delivered results quickly. 7. RRIs are Results Oriented, work as Verticals encompassing several horizontal activities and produce Fast results. 8. Implemented for no more than 100 days, RRI’s produce greater results and help identifying gaps in risks assessed for projects.
QUESTIONS
1. Compare the traditional way of organizing projects with the rapid results initiative proposed in this blog. What are the differences between the two ways?
Traditional Approach of Project Management:
The traditional way of organizing projects involves key tasks identified by managers which will run over a period of time and will be integrated in the final phase of the project. The Project manager is responsible for identifying the High Risk related areas which will otherwise make the project