Answer to Question #224183 in Management for miki

Question

Organizations introduce projects with high outcome expectations, especially to ensure sustainable flow of benefits throughout their intended economic life. But many projects somehow fall short of such expectations, and owing to various reasons, they do not deliver the expected benefit flows to the target beneficiaries throughout their economic life. The reason could be attributed to many factors.

Answer 1

There are various factors that can contribute to failure in projects. Some of them include

• Inexperienced project managers.

Lack of the required skills from top management could lead to failure in the project.

• Lack of preparation.

While undertaking a project, it is important to have a clear picture of what you need to do in advance and all the material and the task force required and prepare adequately. Failure to this the project might be a fail.

• Poor leadership.

This mostly involves mismanagement of funds, misuse of power by the top management i.e. micromanaging the members of the team instead of working as a team. This leads to failure in the project.

• Unclear goals and objectives.

This is the bigger picture of the expected outcome and the direction the project is taking. Lack of clear goals and objectives means the project might lose direction and fail if not monitored.

• Communication gaps.

Without proper communication from the top management to the team members might lead to failure. The communication tools each team uses should be communicated clearly before the project commences to avoid communication gaps