Project Failure Rates Still High, According to National Survey

Apparently, project failure rates are still soaring. So says a national survey of 2,000 project managers and contributors, according to Projects@Work. The article said that only one-third of respondents claim their projects are frequently completed on-time and on-budget, and less than half said their projects frequently meet their goals.

Here are the main causes, as stated in the article:

Nearly 46 percent of respondents said their project teams aren’t often given clear, attainable goals. Nearly 69 percent of respondents said project teams aren’t usually given enough resources to accomplish their goals. And nearly 55 percent of respondents said the right people aren’t usually selected to lead or serve on project teams.

The survey was conducted in the fall by Quality Progress magazine, Kepner-Tregoe, and Guttman Development Strategies, and was just released this month. For more, read on...

http://www.projectsatwork.com/content/Articles/229868.cfm