Proje ct Mana g e m e nt - Re asons Why Proje cts Fail The r e a r e man y r easons w h y p r o je c t s fail. Th e y r un o v er t ime an d o v er b ud g e t a nd often d on't del iver the bus ine ss be ne fits prom ise d. Good project m an ag em en t techniques build in regular assessments of strategic viability as part of the project plan. Halting a project that is no longer strategically viable due to changing e xte rna l fa ctors i s n ot a proje ct fa ilure . Allowing the proj e ct to run in the se circumstances is a failure. Project failures are almost entirely due to internal factors tha t can be controlled by the bu sine ss. Failing to plan properly Pr ojects a re often s tarted to solve a problem . Someone has a g reat ide a a nd rather than analyzing the problem and finding the appropriate solution they jump straight into implementing the first solution that comes to mind. There is always more than one solution to a problem and the first is not necessarily the right solution for the bu si ne ss . L ots of a ctivity in a nd of its e lf will not n e ce ss a rily m e a n tha t the prob le m will be solved. Up to eighty percent of the effort in successful projects is in the plan ning. I f a project i s tha t urgen t it de m an ds th at h igh e ne rgy and en thusi as m is invested in the planning.
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