This is a question I ask myself regularly as the reasons and the causes I find in my project revisions are frequently so trivial that you need to ask: Why at all, and why repeatedly again?! Probably a reason: Because they are not managed as professionally as the running business.
Two out of three projects run – as far as I see, and which is attested by renowned research since years – into a project recovery, at least they should. As a consequence budget cuts take place, usually with external, supposedly expensive staff – which is ok if they didn’t
I got a proven service in my portfolio which probably is of high value for your business: the “Project Health Check”. That is an extraordinary fast variant of the project revision; it’s virtually a project revision “lite”, a screening of a running project for risk factors and early indicators for
In the first part of my article I have shown how particularly big companies and public authorities merely pre-program bad success, delays, and cost increases in their projects and investments. This second part is to look at the reasons why these troubled projects do not or insufficiently receive help to
Recently I came over another statistic which states that more than half of all projects do not meet their time, cost, or quality objectives, and that 19% are even cancelled without having achieved any benefit. At a volume of ca. $820 Billions in IT projects alone this equals a total
There are lots of statistics and reports about why projects get into distress, see also mine in my blog. In my seminars about this topic I’m frequently asked what to do if a project is stuck in issues to get it back on track. I’d like to reflect this part
Have you ever experienced disputes with one of your customers or suppliers about the status and / or settlement date of deliveries, and/or about who is responsible for the deviations from the initially planned ones? This situation actually is not very unusual, and the possible causes are as diverse as
In my article this year in May (Why projects in distress are rather written off than recovered) I described my impressions and considerations about restraints to refer to neutral and competent help in distressed situations. Different treatment of crisis situation at companies vs. projects When companies are in trouble it