Answer to Question #224415 in Management for Bitaw Abie

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. Discuss these factors (10 points).

Answer 1

In essence, projects have an expectation of succeeding, however, many projects fail owing to certain reasons. The associated reasons for the failure of projects to deliver benefit flows to the beneficiaries include; lack of proper preparation, inadequate documentation and tracking through control systems, poor leadership, failure to define parameters and enforce them, inexperienced project managers who have little prior knowledge and expertise to manage projects, inaccurate cost estimates which make projects to be short of funds, little communication at every level of management, poor organizational culture or ethical misalignment.