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4 Common Causes Of A Failed Project

 

Most project managers complain about high project failure rates, but very few really grasp the scope of what causes this high rate of failure. Though the employment of project management software seems to contribute to better success rates, most project managers do leave plenty of room for improvement. In this article, we hope to shed some light on the top four causes of a failed project.

1. Unrealistic Deadlines And Expectations

A recent study in Canada revealed the shocking truth that 60% of all failed projects could have been prevented had project managers set more realistic deadlines. Along with unrealistic expectations of outcomes, these projects were doomed from the start. The simple solution is having a buffer and allowing team members to work on their set tasks with a reduced workload.

2. Poor Communication Between Team Members

Perhaps the most common reason that projects end in failure is a lack of communication between the project manager and team members. To succeed in any planned project, a direct line of communication must exist through channels that are easily accessed. Clear communication between manager and team members can kill conflicts and build trust.

3. A Lack Of Planning

At least 40% of failed projects can be attributed to a lack of real planning by the project manager. Though it may seem easier to jump ahead and start a project, a planning phase can eliminate questionable tactics and it can help ensure that all phases of a project will run smoothly. On the other hand, a lack of proper planning can destroy the energy invested in a project and contribute to plenty of downtime.

4. Not Enough Cohesion Between Team Members

It's integral for team members to head in the same direction and to split up tasks in a controlled manner. What often happens when there's a lack of cohesion between team members is that the project will inadvertently fail. Ranging from conflicting interests to real differences in personality, these problems can be the death of any project if left unchecked.

Without a team that knows how to work together and careful planning, any project can fail in just a short amount of time. Planning ahead and knowing how to deal with potential problems is the only way to take a project to the next level. Having a certified manager onboard can help to keep things organised. For certification check Helix Learning's online training courses. High failure rates are commonplace when project managers don't plan strategically, but a good plan and a solid team is all it takes to succeed.

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ITIL® is a registered trade mark of AXELOS Ltd, used under permission of AXELOS Limited. All rights reserved.

PRINCE2® s a registered trade mark of AXELOS Ltd, used under permission of AXELOS Limited. All rights reserved.

OBASHI® is a Registered Trade Mark in the United Kingdom and other countries

COBIT® is a trademark of ISACA® registered in the United States and other countries. 

The International Organization for Standardization (ISO) is a non-governmental organization which is a network of the national standards institutes of 156 countries. ISO is the owner of the ISO/IEC 20000 standard.

ITIL, COBIT, RESILIA and ISO Courses are provided by IT Training Zone Ltd, an ATO of AXELOS. All other accredited course material is provided through Accredited Training Organisations (ATO) registered with the relevant accreditation authority. For further details please contact Helix Learning direct