10 Major Causes of Project Failure

Only available on StudyMode
  • Download(s) : 226
  • Published : July 30, 2012
Open Document
Text Preview
Preventing Project Failure

Welcome 10 Major Causes of Project Failure

getpmtraining.com

1

Centreline Solutions Inc.
Project Management Institute Global Registered Education Provider #2029

Why Projects Fail v.2005.02.18

Copyright, 2004 © Centreline Solutions Inc.

Preventing Project Failure

getpmtraining.com

2

Why Projects Fail v.2005.02.18

Copyright, 2004 © Centreline Solutions Inc.

1

Preventing Project Failure

In this seminar we will cover:
What is project failure? The impacts of project failure? The Top 10 problems that result in project failure • The cause of the problem • How to fix the problem • How to prevent the problem from happening again

getpmtraining.com

3

Why Projects Fail v.2005.02.18

Copyright, 2004 © Centreline Solutions Inc.

Why do I.T. Projects Fail?

Why do I.T. Projects Fail?

getpmtraining.com

4

Why Projects Fail v.2005.02.18

Copyright, 2004 © Centreline Solutions Inc.

2

Why do I.T. Projects Fail?

Because nobody stops them from failing!

getpmtraining.com

5

Why Projects Fail v.2005.02.18

Copyright, 2004 © Centreline Solutions Inc.

Iron Triangle Manage the Iron Triangle, or it will manage you

getpmtraining.com

6

Why Projects Fail v.2005.02.18

Copyright, 2004 © Centreline Solutions Inc.

3

I.T. Project Disposition

I.T. Projects have a bad attitude. They WANT to fail.
• • • • • New technologies are difficult to use or predict Aggressive time schedules Lack of resources First time, unique services Unrealistic expectations

getpmtraining.com

7

Why Projects Fail v.2005.02.18

Copyright, 2004 © Centreline Solutions Inc.

Role of the PM

As Project Manager, it is your role to prevent these projects from failing. getpmtraining.com

How?

8

Why Projects Fail v.2005.02.18

Copyright, 2004 © Centreline Solutions Inc.

4

How? You can do it this way…

getpmtraining.com

9

Why Projects Fail v.2005.02.18

Copyright, 2004 © Centreline Solutions Inc.

How?

Or • • • Learn what usually goes wrong Plan out how to deal with it Then…just follow the plan.

getpmtraining.com

10

Why Projects Fail v.2005.02.18

Copyright, 2004 © Centreline Solutions Inc.

5

How to Manage Projects

Managing Projects is very much like driving a car.

getpmtraining.com

• • •

11

Determine the destination, timeframe and how much you have to spend Create a plan (route, speed, breaks, weather, etc) Follow the plan Continuously monitor progress and keep the car on the road

Why Projects Fail v.2005.02.18

Copyright, 2004 © Centreline Solutions Inc.

What is Project Failure?

A project is considered a failure…
whenever a project does not meet the expectations of the stakeholders. getpmtraining.com

12

Why Projects Fail v.2005.02.18

Copyright, 2004 © Centreline Solutions Inc.

6

So What if it Fails…

Impacts of project failure?
• Cost & Time Overruns • Quality degradation • Frustration, sometimes resulting in people quitting • Stress, sometimes resulting in people quitting • Low job satisfaction • Low corporate market value • Low public opinion • Negative media campaigns Why Projects Fail v.2005.02.18 Copyright, 2004 © Centreline Solutions Inc.

getpmtraining.com

13

Impacts of Project Failures • The cumulative effects can be very costly to your company • May even force the company into closure getpmtraining.com

14

Why Projects Fail v.2005.02.18

Copyright, 2004 © Centreline Solutions Inc.

7

10 Primary Causes of Project Failure

10 Primary Causes of Project Failure…
getpmtraining.com

15

Why Projects Fail v.2005.02.18

Copyright, 2004 © Centreline Solutions Inc.

#1 - Lack of Change Management

Also known as “You’d like it just a bit bigger? No problem” getpmtraining.com

Oh, still a bit bigger…ok. Even bigger? It wasn’t in the plan but okay…

16

Why Projects Fail v.2005.02.18

Copyright, 2004 ©...
tracking img