Project Failure

Why do Projects fail?

• Project fail mainly because of two reasons:

• Failure of estimation and
• Failure of implementation.

• Other reasons are:

• Initial cost and schedule estimates are not revised when more information becomes available as the project progresses.
• Plans are not used correctly or used to guide the project forward.
• Project managers are not trained to acquire the necessary skill base; subsequently, the same mistakes are made repeatedly.
• The theory of project management is not put into practice. This point can be seen in the attitude of many managers who view theory as a waste of time—yet time is found to repair errors later. Isn't that a sure sign of the wrong approach?
• The project scope changes.
• The incorrect project methodology is used.
• Requirements have major changes.
• Communications are poor.
• Testing and/or inspections are poorly done.