Projects are complex and full of risks - that's the nature of things, after all, projects are often unique and new. Seemingly small things can quickly lead to projects that started off with great enthusiasm running into difficulties and ultimately failing altogether. In order to achieve the project goals, you have to ask yourself the question: Why do projects fail and avoid potential pitfalls.
Project work is taking up an ever greater space in companies. In the last two to three years, its share has increased by 62 percent. Overall, employees now spend 35 percent of their working time on projects - and the trend is continuing to rise. Two thirds of these projects are successfully completed in Germany and are within the set framework of the magic target triangle australia telegram data - results, costs and time. But that also means that in a third of the projects initiated, not everything goes smoothly. This is due to five pitfalls that endanger the success of the project.
Why Projects Fail – Pitfalls and Tips
Pitfall 1 – Unclear objectives
Assume that project ideas are rarely fully thought through. It is a mistake to trust that the task will become clear over time. This usually happens much too late, if at all - and then costs a lot of time and money.