Did you know that a Harvard Business Review report found that a staggering one in six IT projects experiences a cost overrun of 200% and a schedule overrun of 70%? These delays and budget balloons can cripple any endeavor, leaving leaders scrambling to salvage the situation. The good news?
Projects do not become troubled overnight. Most of us have seen projects take the slippery slope from "green" to "yellow" to "red," and along the way, there are plenty of warning signs that can help you avoid failure. By not addressing early warning signs, you are setting yourself up for failure.
Here’s a preview of the findings of our 2024 research report, The Adaptive Organization: A Benchmark of Changing Approaches to Project Management: It’s all good.
In the dynamic realm of project leadership, organizations constantly grapple with a formidable adversary - project failure. As leaders, we are all too familiar with the unique challenges, pitfalls, and uncertainties that each project presents.
Have you ever wondered why achieving project success often feels uncertain and elusive, despite meticulous planning and execution? If you have, you are not alone. Many project managers and teams grapple with this very question, and the answer lies in the power of stakeholder engagement.
Have you ever wondered what sets successful ventures apart from the rest? It is all about effective project monitoring and evaluation! In this ever-evolving business landscape, just having a great idea is not enough. You should navigate your projects with precision, measure their impact, and adapt along the way.
