Project failure is generally associated with one or more of the following three:
- Cost
- Schedule
- Client satisfaction
Particularly, an unhappy client or an unhappy team will mean your company suffers and this equals unsustainable business.
Causes of project failure include:
- Insufficient planning
- Lack of clear roles and responsibilities
- Insufficient change management (note that most changes are requested or made by people who are not authorised to approve that change).
- Poor budgeting