10 Common Project Failures
1. Being Late - Probably the number one failture is that of the project being delivered late. Sometimes, this is unavoidable; life can happen at unwitting times, like a family emergency or the project itself failing just as it was working out well. However, sometimes the group members suffer from internal or external issues that cause breakdowns in communication.
2. Over Budget - There is usually a budget that has been outlined for the project, depending on the equipment that is involved and things like that. Going over by a little bit may be all right for some, worse for others, but by just presenting an over-budget project without first knowing it would go over in the first place is bad planning.
3. Communication Breakdown - This an important one, as without communication to those who need it, the project may fail from the start. Group members need to know what the project is and whom it is for, managers need to know the progress of the project, shareholders need to know the finances behind it, etc. By not speaking with the important people involved, chaos can ensure when problems arise.
4. Employee Turnover - Having project members leave for whatever reason can cause strife and stress among those members that remain. The worst, of course, is if the person leaving has valuable information or insight within the project. Certainly, if they are just on vacation, there is the opportunity perhaps to speak to them, but if they leave the company - no matter what the reasons - they may not want to continue working with the group.