Why Do Projects Fail? The 5 Most Common Reasons (and How to Avoid Them)

The project management world is littered with the wreckage of failed endeavors. Statistics vary, but some reports suggest that upwards of 70% of projects fail to meet their objectives. These failures can be costly, leading to wasted resources, missed deadlines, and frustrated stakeholders.

But why do projects fail exactly?

Understanding the root causes of project failure is crucial for anyone involved in project management. By identifying these pitfalls, you can equip yourself with the knowledge and strategies to navigate projects toward success.

Timestamps:

00:21 Why Do Projects Fail?
00:37 What are the 5 most common reasons projects fail?
02:58 What software can I use for change management to help projects succeed?