Top 1 Cause for Project Failure - 65023 Words

Anish Mathai Mathew [PMP|MBA] Temenos T24 PROGRAM MANAGER at Union National Bank Featured discussion In your experience, what is the TOP #1 cause for Project failure? From experience, the following are the TOP10 causes of Project failure that Mathew can think of (they are not in any kind of order): #1. Lacking Sponsor s Involvement/Ownership #2. Halo Effect (Wrong Man for the Job) #3. Poor HR Management #4. Poor/Inadequate Project Communications #5. Ignoring Project Stakeholders #6. Absence of Risk Management #7. Scope Creep/Unrealistic Expectations ( scope creep: Frequent and uncontrolled changes in the scope or requirements of a project) #8. Lack of Monitoring of Plan #9. Absence of a Project Management Methodology†¦show more content†¦For me this question shows the real reason for faillure. Most projects focus on producing a rocket (only focus on delivery). Successful projects however look further: why do we create a rocket? Because we want to go to the moon. If NASA would have only focussed on delivering rockets, they would never have reached the moon and probably had produced a great number of disasters while delivering or using those rockets. A Business Case focus, rather than only a delivery focus! (By the way off topic: this delivery approach for me also caused the current financial crisis. Only focussing on the deal, not on the long term effects.) All reasons summed up in the question above are in my view symptoms and results of the delivery-only approach rather than reasons. 3. 4. [pic] Alexandro Zencovich Senior Project Manager at ZTE Canada I would say #7. Scope Creep/Unrealistic Expectations. All the others reasons are certainly strong source for failure but somehow most of them point to have a bad road map document. This is why a Project Manager is so useful in any organization to make sure that we get the right project management plan, which include a concise and accurate project scope statement and realistic project expectations. 5. [pic] Beth Barrett Beth Barrett Consulting, LLC Based on over 20 years of project management experience, I would say item #1 toShow MoreRelatedSix It Decisions Your It People Shouldnt Make771 Words   |  4 PagesReview of 1. Six IT Decisions Your IT people shouldn’t make By Jeanne W. Ross and Peter Weill 2. IT Project Management: Infamous failures, Classic Mistakes Best Practices By Ryan Nelson MICS ASSIGNMENT – ESSAR MEP 2010-11 SUBMITTED BY GROUP 6 Group Members 1. Pranav Shah 2. Pranav Singi 3. Shailendra Saha 4. Rajat Khandelwal 5. Deval Patel Instructor: Professor B. H. 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