| core expectation of any project that is undertaken by an organization is that it will be managed successfully. However, research has shown that in 2004, the project management failure rate was 71%. Furthermore industry associations reported that as few as one-third of new projects meet their objectives and that about 17% are totally dropped because of lack of success. Finally, while exact numbers are not available on project management failure rates in the public domain, several examples such as the... |
