Priorities

Project Failure Avoidance

February 3rd, 2007

Senior executives frequently bet their companies on Mergers & Acquisitions, major product releases, strategic IT projects, organizational restructurings, fast-paced downsizings, outsourcing, or aggressive quality initiatives. These bets rarely play out as anticipated. With estimated failure rates ranging from 72 to 91%, companies’ collective inability to execute on major projects costs hundreds of billions of dollars