Why do projects fail?
We identified 10 common causes of project failure. Knowing about these and getting ahead of them will help you prepare for your next project.
1. Lack of Preparation
You need to have a clear picture of what you’re going to do in advance. Otherwise, you may find yourself upstream without a paddle. You need to know what project success looks like at the beginning—and don’t lose focus of it. If you don’t have a clear focus at the at the earliest stage of the process, you are making things harder on yourself. Have a meeting, even if it is lengthy, with stakeholders to discuss their expectations on cost, time, and product quality. Know how you will execute your tasks in order to meet everyone’s expectations. See the Full List