Archive - December 21, 2017

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The Costs of Struggling or Failing Projects

The Costs of Struggling or Failing Projects

cost-of-project-failure

The costs of struggling or failing projects is very real and can result in both short and long-term impact on an organization’s ability to deliver its mission. This shouldn’t come as a surprise–every initiative costs time and resources. What are often a surprise are the less obvious costs that enter the equation as a complex implementation initiative starts to struggle. As a project’s risk of failure increases, it becomes difficult to establish a clear, objective viewpoint. It’s common for teams to scramble for solutions as well as find someone to blame for the problems they are encountering.

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