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Why Projects Fail: Recovery Tips
Online Events Archive
Online Forums 2012 - July 27, 2012
Eventually, one of your learning projects will fail, be severely challenged, or be delayed until it fades away. According to the “CHAOS Report” — first published in 1994 by The Standish Group International and focused primarily on larger IT projects — 32% of projects are successful, 44% are flawed, and 24% are canceled or never used. What causes such poor success rates? What can you do to improve the odds for your projects? How do you protect your reputation and learning investment if your project is less than a complete success?
Participants in this session will hear the answers to these questions and learn about a process that can guide your projects toward success. You’ll explore experiences gathered from 400 projects, reviewing specific examples of failures, the causes of these failures, and how success was still achieved for most (but not all) of these projects.
In this session, you will learn:
- The five most blatant warning signs of potential project failure
- How to design appropriate processes and procedures to limit risk exposure
- How to recover from a project failure when possible
- How to manage your communications to team members and senior management
- How to establish and maintain client and vendor expectations
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