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Statistics on Project Failure

Most Common Causes of Project Failure:

  • Changing priorities within organization – 40%
  • Inaccurate requirements – 38%
  • Change in project objectives – 35%
  • Undefined risks/opportunities – 30%
  • Poor communication – 30%
  • Undefined project goals – 30%
  • Inadequate sponsor support – 29%
  • Inadequate cost estimates – 29%
  • Inaccurate task time estimate – 27%
  • Resource dependency – 25%
  • Poor change management – 25%
  • Inadequate resource forecasting – 23%
  • Inexperienced project manager – 20%
  • Limited resources – 20%
  • Procrastination within team – 13%
  • Task dependency – 11%
  • Other – 9%

source: Project Management Institute: Pulse of the Profession 2015: Capturing the Value of Project Management 2015

Brenda Fay

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