What are the contributing factors that result in Project Failures? Some points for consideration.
When reading the media there are often observed projects that have been a significant failure. In recent years within there has been a multitude of project failures which range from replacement sea links (shipping) between the islands off Scotland, the replacement chain ferry in Cowes on the Isle of White, the integrated IT System within the UK-NHS, the recent Post Office Horizon system scandal, and the constant delays and cost overruns of MOD projects to name but a few. Projects fail for a multitude of reasons and this article seeks to name some of the principle reasons for such failures and identify important issues for consideration when defining, planning and executing a project. Lack of Proper Planning Failure to identify and manage risks is a significant if not the main contributing…