Why Projects Fail And How To Succeed

Download or read book Why Projects Fail and How to Succeed written by Mark Anthony Hunt and published by Independent Publisher. This book was released on 2019-01-25 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: Douglas Fain and Mark Hunt have a combined consulting experience in the field of project management of over 50 years working for four national governments and numerous corporations and government agencies. They have consulted on over $35 Billion in major projects in over 40 countries and have taught project management in graduate programs at Stevens Institute of Technology, Denver University, and Regis University as well as corporate settings in aerospace, telecommunications, manufacturing, and others. That experience facilitated the management of large, complex projects that were in the initiation stage or facing serious performance problems. They both agree that business can no longer afford the personal and financial costs of failed projects. Neither can organizations or their project teams afford the reputation for failure that so permeates the industry today. The opportunity costs of such failures is just too great for a society that has growing needs for its citizens. This book represents their findings regarding why projects tend to fail, and as true consultants, they have also included a clear and concise set of instructions of how to avoid those failures, how to do it right the first time. This book is mandatory reading for anyone working in the field of project management, especially project managers who struggle with the responsibility for the success of their projects.

Download or read book Why Startups Fail written by Tom Eisenmann and published by Currency. This book was released on 2021-03-30 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you want your startup to succeed, you need to understand why startups fail. “Whether you’re a first-time founder or looking to bring innovation into a corporate environment, Why Startups Fail is essential reading.”—Eric Ries, founder and CEO, LTSE, and New York Times bestselling author of The Lean Startup and The Startup Way Why do startups fail? That question caught Harvard Business School professor Tom Eisenmann by surprise when he realized he couldn’t answer it. So he launched a multiyear research project to find out. In Why Startups Fail, Eisenmann reveals his findings: six distinct patterns that account for the vast majority of startup failures. • Bad Bedfellows. Startup success is thought to rest largely on the founder’s talents and instincts. But the wrong team, investors, or partners can sink a venture just as quickly. • False Starts. In following the oft-cited advice to “fail fast” and to “launch before you’re ready,” founders risk wasting time and capital on the wrong solutions. • False Promises. Success with early adopters can be misleading and give founders unwarranted confidence to expand. • Speed Traps. Despite the pressure to “get big fast,” hypergrowth can spell disaster for even the most promising ventures. • Help Wanted. Rapidly scaling startups need lots of capital and talent, but they can make mistakes that leave them suddenly in short supply of both. • Cascading Miracles. Silicon Valley exhorts entrepreneurs to dream big. But the bigger the vision, the more things that can go wrong. Drawing on fascinating stories of ventures that failed to fulfill their early promise—from a home-furnishings retailer to a concierge dog-walking service, from a dating app to the inventor of a sophisticated social robot, from a fashion brand to a startup deploying a vast network of charging stations for electric vehicles—Eisenmann offers frameworks for detecting when a venture is vulnerable to these patterns, along with a wealth of strategies and tactics for avoiding them. A must-read for founders at any stage of their entrepreneurial journey, Why Startups Fail is not merely a guide to preventing failure but also a roadmap charting the path to startup success.

Download or read book Fail Better written by Anjali Sastry and published by Harvard Business Review Press. This book was released on 2014-10-14 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you’re aiming to innovate, failure along the way is a given. But can you fail better? Whether you’re rolling out a new product from a city-view office or rolling up your sleeves to deliver a social service in the field, learning why and how to embrace failure can help you do better, faster. Smart leaders, entrepreneurs, and change agents design their innovation projects with a key idea in mind: ensure that every failure is maximally useful. In Fail Better, Anjali Sastry and Kara Penn show how to create the conditions, culture, and habits to systematically, ruthlessly, and quickly figure out what works, in three steps: 1. Launch every innovation project with the right groundwork 2. Build and refine ideas and products through iterative action 3. Identify and embed the learning Fail Better teaches you how to design your efforts to test the boundaries of your thinking, explore crucial interdependencies, and find the factors that can shift results from just acceptable to groundbreaking—or even world-changing. Practical instructions intertwined with compelling real-world examples show you how to: • Make predictions and map system relationships ahead of time so you can better assess results • Establish how much failure you can afford • Prioritize project activities for disconfirmation and iteration • Learn from every action step by collecting and examining the right data • Support efficient, productive habits to link action and reflection • Distill, share, and embed the lessons from every success and failure You may be a Fortune 500 manager, scrappy start-up innovator, social impact visionary, or simply leading your own small project. If you aim to break through without breaking the bank—or ruining your reputation—this book is for you.

Download or read book Adapt written by Tim Harford and published by Farrar, Straus and Giroux. This book was released on 2011-05-10 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this groundbreaking book, Tim Harford, the Undercover Economist, shows us a new and inspiring approach to solving the most pressing problems in our lives. When faced with complex situations, we have all become accustomed to looking to our leaders to set out a plan of action and blaze a path to success. Harford argues that today's challenges simply cannot be tackled with ready-made solutions and expert opinion; the world has become far too unpredictable and profoundly complex. Instead, we must adapt. Deftly weaving together psychology, evolutionary biology, anthropology, physics, and economics, along with the compelling story of hard-won lessons learned in the field, Harford makes a passionate case for the importance of adaptive trial and error in tackling issues such as climate change, poverty, and financial crises—as well as in fostering innovation and creativity in our business and personal lives. Taking us from corporate boardrooms to the deserts of Iraq, Adapt clearly explains the necessary ingredients for turning failure into success. It is a breakthrough handbook for surviving—and prospering— in our complex and ever-shifting world.

Download or read book Why Projects Fail written by Uladzislau Shauchenka and published by Uladzislau Shauchenka. This book was released on 2013-09-12 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Why Projects Fail" offers an informative, entertaining read that is guaranteed to increase your understanding what went wrong with the projects that failed. Was the project well conceived? Was the budgeting adequate? Did it fail because of circumstances that were impossible to anticipate, or were there simply gaps in the planning process? Learn in this informative, interesting read that will help you make sure your next project succeed. "Why Projects Fail" presents a balanced analysis of its subject, alternating stories of major corporate and government projects that failed, along with a breakdown of what went wrong. The illuminating stories come from a variety of industries, with a shocking list of familiar companies and organizations. What makes this book unique is the author's delightfully straightforward account of the specific ways that caused problems. The book is full of charts, graphs and pictures. Project management best practices to increase your success rateSuggestions and recommendations for avoiding common pitfallsCase studies and analysis of failed projects across all industriesLots of numbers, stats and data presented in an easy to digest wayQuotes from outstanding project management and business gurus Do you ever wonder why the projects keep failing without obvious reason? Would you like to learn why projects fail and how to avoid failure? "Why Projects Fail" book explains why some projects fail while the other succeed. The book explores statistics, analyses, case studies and lessons learned from known project failures, along with facts and arguments. It goes over the main causes of failed projects, which can include going over budget, poor planning, lack of communication and other reasons. Do you want to improve chances of your project to succeed? Would like to avoid most common project management pitfalls and causes of project failure? Would you like to avoid devastating results of failed projects: negative career impact, loss of money, time and resources for the company? "Why Projects Fail" is going to give you something that will completely change the way you're running your projects. "Why Projects Fail" will tremendously improve your project management processes and procedures so your project won't fail but succeed. It's crucial to be aware of potential pitfalls before the project starts and recognize when things might be going wrong during project execution so you can get it back on track. "Why Projects Fail": What is covered? Failure rate and main elements of project's failureList of failed project incl. year, company name, cost, outcomeReasons for project's failureFive case studies including NASA, FBI and Government of CanadaProper project management: communication, stakeholder, risk, resourcesHow to prevent project's failure

Download or read book Project Success written by Emanuel Camilleri and published by CRC Press. This book was released on 2016-04-08 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: The issue of what defines project success (or failure) is complex and often elusive, and dependent on the perceptions of different stakeholders. In this enlightening book Emanuel Camilleri examines the key factors bearing on perceived success or failure. This book is not just about project management, it goes much deeper into the topic of project success by prescribing a project success framework. In chapters dedicated to factors such as leadership, teams, communication, information management and risk management, the author shines a light on the key behaviours in which project managers and others engage and how those behaviours predict success or failure. Practising project managers, project board members and sponsors, struggling to manage conflicting stakeholder expectations, complexity and ambiguity, will learn which factors are vital to determining successful outcomes. Finally, having highlighted the particular skills, abilities and attributes identified by the research, Dr Camilleri offers a diagnostic model for assessing an organization's preparedness for undertaking and successfully managing major projects. Project Success provides a valuable contribution to the literature on this subject, and its application delivers practical guidance that will be welcomed by project professionals at all levels.

Download or read book Project Management for the Unofficial Project Manager (Updated and Revised Edition) written by Kory Kogon and published by BenBella Books. This book was released on 2024-01-16 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: No project management training? No problem! In today’s workplace, employees are routinely expected to coordinate and manage projects. Yet, chances are, you aren’t formally trained in managing projects—you’re an unofficial project manager. FranklinCovey experts Kory Kogon and Suzette Blakemore understand the importance of leadership in project completion and explain that people are crucial in the formula for success. This updated and revised edition of Project Management for the Unofficial Project Manager offers practical, real-world insights for effective project management and guides you through the essentials of the value, people, and project management process: Scope Plan Engage Track and Adapt Close If you’re struggling to ensure multiple projects are finished with high value and on time, this book is for you. If you manage projects without the benefit of a team, this book is also for you. Change the way you think about project management—"project manager" may not be your official title, but with the right strategies, you can excel in this project economy.