The Top 6 Project Breakdowns (And How To Fix Them)

Countless projects fail. But failure is a common risk of doing business, and it is important for each company to ask “why did this project fail?” There are a number of reasons, but this eBook is going to analyze the top 6 reasons projects fail, and shed some light on how to protect your company from failing. The top 6 reasons why projects fail include:

• Poor pre-planning
• No project sponsorship
• Poor budget management
• Inadequate resource planning
• Overpromising and under delivering
• Scope creep

Project failures can come with significant financial, time, and resource costs, which is why effective project managers are worth their weight in gold. Make sure your project management team is aware of the most common project pitfalls, as well as methods of addressing them. If you want to avoid costly project failures, make resolving these key issues your management team’s top priority.