Reason # 2 – Resources In my first post on why projects fail, I talked about scope being the number one problem. And truthfully, I might just as well have said resources. These issues are typically number one and number two in companies I work with, not necessarily in that order. So what exactly is the issue with resources and why does it
Reason #1 – Scope Projects fail because scope is out of control. Scope is defined by the Project Management Institute (PMI) as “The sum of the products, services, and results to be provided as a project.” So that’s a pretty simple definition, right? It’s everything that you are going to do on the project. The unspoken corollary
I read a sobering report recently regarding project success (or lack thereof) in projects. It said that, on average, firms manage $200 million in projects each year. In the course of that year, these organizations will realize that more than 1/3 of their projects ($74 million worth) are at risk of failing! Seventy-four million worth.Imagine that.