Why Is Project Management So Important To An Organization? and Three Reasons Why Projects Fail? - PM 360 Consulting
17630
post-template-default,single,single-post,postid-17630,single-format-standard,wp-custom-logo,theme-bridge,woocommerce-no-js,ajax_fade,page_not_loaded,,qode-content-sidebar-responsive,columns-4,qode-theme-ver-11.0,qode-theme-bridge,wpb-js-composer js-comp-ver-5.1.1,vc_responsive

Why Is Project Management So Important To An Organization? and Three Reasons Why Projects Fail?

Why Is Project Management So Important To An Organization? and Three Reasons Why Projects Fail?

1. Strategic Alignment

Project management is important because it ensures what is being delivered, is right and will deliver real value against the business opportunity.

2. Leadership

Project management is important because it brings leadership and direction to projects.

3. Clear Focus & Objectives

Project management is important because it ensures there’s a proper plan for executing on strategic goals.

4. Realistic Project Planning

Project management is important because it ensures proper expectations are set around what can be delivered, by when, and for how much.

5. Quality Control

Project management is important because it ensures the quality of whatever is being delivered and consistently hits the mark.

6. Risk Management

Project management is important because it ensures risks are properly managed and mitigated against to avoid becoming issues.

7. Orderly Process

Project management is important because it ensures the right people do the right things, at the right time – it ensures proper project management process is followed throughout the project life cycle.

8. Continuous Oversight

Project management is important because it ensures a project’s progress is tracked and reported properly.

9. Subject Matter Expertise

Project management is important because someone needs to be able to understand if everyone’s doing what they should.

10. Managing and Learning from Success and Failure

Project management is important because it learns from the successes and failures of the past.

 

Three Reasosn Why Projects Fail

(1)   Poor Sponsorship.  Just as there are important characteristics in team members, there are also critical qualities in good sponsors.  Sponsors tend to be in management level positions so they can remove barriers and obtain resources to get things done.  However, that doesn’t mean that they know what else they need to do to be a good sponsor.  Identify what behaviors you need in your sponsors, and then have a collaborative and respectful conversation with them.  Just like you, they appreciate knowing what they need to do to make the project successful!

(2)   Missing Stakeholders Agreement.  Every project requires a SMART objective – a Specific, Measurable, Agreed Upon, Results-oriented, and Time-based description of what it’s supposed to accomplish.  Once your project objective has been written, you must get agreement from your key stakeholders.  If you’ve done a good job of uncovering your stakeholders’ requirements, then getting agreement will be much easier.  If you haven’t then conflicts will arise throughout your project, which are usually symptoms of uncovered requirements.

(3)   Non Established Project Objectives and Incomplete Requirements.  Most people haven’t had training on how to elicit, clarify, and validate requirements, so it’s no surprise that this is the most common reason for project failure.  Since requirements make up the scope of a project, if you are missing requirements you are missing scope. And if you’re missing scope, your stakeholders will be unhappy with the deliverables. Make certain you identify all of the stakeholders and then get a complete, correct and clear set of requirements.

A common practice is to rush through the initiation and planning of a project and start executing before requirements are clarified and agreement is obtained:  This is a recipe for failure.  You certainly don’t save any time or money by producing deliverables that don’t meet expectations.  All three of the above pitfalls must be addressed at the start of your project.  Only then can you execute a well-crafted plan according to the needs of your stakeholders.  Slow down to go fast.

 

Article written by Ben Aston 10th August 2021

https://thedigitalprojectmanager.com/why-is-project-management-important/

 

Three Reasons Why Your Projects Fail : Article written by Tiffany Dahlberg 10th Febrary 2015

36 Comments
  • daftar sbobet
    Posted at 20:56h, 04 November Reply

    I know this if off topic but I’m looking into
    starting my own weblog and was curious what all is
    required to get setup? I’m assuming having a blog like yours would cost
    a pretty penny? I’m not very internet smart so I’m not 100% positive.
    Any tips or advice would be greatly appreciated. Thanks

  • https://www.google.com.cy/url?q=https://mayalounge.net
    Posted at 06:04h, 05 November Reply

    If you desire to take a great deal from this piece of writing
    then you have to apply such methods to your won web site.

  • web page
    Posted at 18:40h, 05 November Reply

    For hottest information you have to go to see web and on world-wide-web I
    found this weeb sitee as a finest website for laterst updates.

    web page

  • homepage
    Posted at 22:28h, 05 November Reply

    Simply desire to say your article is as amazing.
    The clearness for your post is just nice and that
    i can assume you’re knowledgeable iin thhis subject.
    Fiine with your permission allow mme to grasp your feed too keep
    updated with coming near nezr post. Thanks 1,000,000 and please keep up the rewarding work.

    homepage

  • Blaine Burk
    Posted at 07:12h, 06 November Reply

    Woah! I’m really enjoying the template/theme of this blog.
    It’s simple, yet effective. A lot of times it’s tough to get
    that “perfect balance” between user friendliness and visual appeal.
    I must say you have done a great job with this. Also, the blog loads extremely quick for me on Internet explorer.
    Superb Blog!

  • jeffersonshine
    Posted at 16:56h, 07 November Reply

    What’s up everyone, it’s my first pay a visit at
    this website, and article is truly fruitful for me, keep up posting these types of
    articles or reviews.

  • webpage
    Posted at 18:49h, 08 November Reply

    Right away I am going to do my breakfast, afterward having my
    breakfast coming yet again to read more news.
    webpage

  • cathy london women's handbag
    Posted at 03:22h, 09 November Reply

    Hello, everything is going nicely here and ofcourse every
    one is sharing information, that’s in fact good,
    keep up writing.

  • fun88officialsite.com
    Posted at 05:44h, 09 November Reply

    Hi there! Would you mind if I share your blog
    with my myspace group? There’s a lot of folks that I
    think would really enjoy your content. Please let me know.
    Many thanks

  • https://www.google.ro/url?q=https://mayalounge.net/
    Posted at 02:35h, 10 November Reply

    You really make it seem so easy along with your presentation however I
    to find this matter to be actually something which I think I might by no means understand.

    It sort of feels too complex and extremely large for me. I am looking ahead in your subsequent publish, I’ll try to
    get the cling of it!

  • https://www.google.pn/url?q=https://mayalounge.net/
    Posted at 07:57h, 10 November Reply

    Thank you for the good writeup. It in fact was a amusement
    account it. Look advanced to far added agreeable from you!

    However, how can we communicate?

  • ecommerce web development services
    Posted at 06:11h, 11 November Reply

    Incredible quest there. What occurred after?
    Thanks!

  • https://www.google.com.lb/url?q=https://mayalounge.net/
    Posted at 04:59h, 12 November Reply

    When some one searches for his required thing, therefore he/she wants to be available
    that in detail, so that thing is maintained over here.

  • https://www.google.com.kh/url?q=https://mayalounge.net/
    Posted at 06:07h, 12 November Reply

    Greetings from California! I’m bored to tears at work so I decided to check
    out your website on my iphone during lunch break. I love the knowledge you present here and can’t
    wait to take a look when I get home. I’m shocked at how quick your
    blog loaded on my mobile .. I’m not even using WIFI, just 3G ..
    Anyways, superb blog!

  • https://www.google.kz/url?q=https://mayalounge.net/
    Posted at 06:17h, 12 November Reply

    Everything is very open with a precise description of the
    issues. It was really informative. Your site is very helpful.
    Thank you for sharing!

  • https://www.google.com.kw/url?q=https://mayalounge.net/
    Posted at 08:39h, 12 November Reply

    Outstanding quest there. What occurred after? Take care!

  • all in for christ
    Posted at 03:11h, 13 November Reply

    Hello there! This article could not be written much better!
    Looking through this article reminds me of my previous roommate!

    He constantly kept preaching about this. I’ll send this post to him.
    Pretty sure he’s going to have a very good read.

    Thank you for sharing!

  • situs slot online
    Posted at 02:13h, 14 November Reply

    This post gives clear idea in favor of the new viewers of blogging, that actually how to do
    running a blog.

  • branded handbags
    Posted at 13:31h, 14 November Reply

    I have been surfing on-line greater than 3 hours today,
    but I never discovered any interesting article like yours.
    It’s pretty price enough for me. Personally, if all webmasters and bloggers
    made just right content material as you probably did, the web will be much more helpful than ever before.

  • https://www.google.com.bd/url?q=https://mayalounge.net/
    Posted at 05:49h, 15 November Reply

    Hello, I desire to subscribe for this web site to get most up-to-date updates, so where can i do it please help.

  • homepage
    Posted at 14:07h, 15 November Reply

    Thanks for finally talking about > Whhy Is Project Management So Important To An Organization? and
    Three Reasons Why Prkjects Fail? – PM 360 Consulting homepage

  • fun88 ทางเข้า 2020
    Posted at 10:20h, 16 November Reply

    fun88 ทางเข้า 2020 is a honest online
    casino and one of the best online casinos you
    can play at. fun88 mayalounge offers a huge range of slot games and slots that definitely won’t disappoint.
    It offers a huge selection of popular table and slot games, along with live dealer casino tables with real dealers
    and croupiers as well as an extensive range of online video pokers.

  • ทางเข้า ล่าสุด FUN88 PC
    Posted at 10:38h, 16 November Reply

    With a diverse in-house games, exquisite animations and graphics and
    ทางเข้า ล่าสุด FUN88 PC
    in-game transaction that guarantee players to be fully in control
    in all of the transactions made. fun88 mayalounge latest entrance supports more than 10 different currencies
    for its users, ensuring them to have full access
    on more than 15 different languages used by FUN88.
    With exciting game releases every single month, fun88 offers over 40 game titles, all containing terrific themes and graphics, easy game play and exciting bonus games.

  • https://maps.google.com.pe/url?q=https://mayalounge.net/
    Posted at 10:39h, 16 November Reply

    I got this web page from my buddy who told me concerning this
    web page and at the moment this time I am browsing this web
    page and reading very informative posts here.

  • ทางเข้า fun88 mobile
    Posted at 11:06h, 16 November Reply

    fun88, a excellent online casino site is loved by many online gambling players for its quality service and attractive offers.
    ทางเข้า fun88 mobile is full
    of entertainment and possibilities to feel excellent during
    the gaming experience. If you a new player at the fun88 website then you
    have a amazing chance to enjoy the welcome bonus offered
    through the enter fun88 mayalounge.net entrance link.

  • drama subtitle indonesia
    Posted at 11:29h, 16 November Reply

    Simply desire to say your article is as amazing. The clarity in your publish is simply excellent and i can suppose you are a professional on this subject.
    Well along with your permission allow me to seize your feed
    to keep updated with forthcoming post. Thank you a million and please keep up the enjoyable work.

  • ทางเข้า fun88 PC ล่าสุด
    Posted at 11:51h, 16 November Reply

    When you first visit fun88 mayalounge.net you’ll notice that
    it’s a very simple and largely blue-colored site.

    Instead of overwhelming the user with more than they need, ทางเข้า fun88 PC ล่าสุด focuses more
    on helpful features and information to enhance your experience as a player.

  • fun88 ทางเข้า 2020
    Posted at 12:07h, 16 November Reply

    The fun88 mayalounge.net casino website is a unique gambling room, being
    launched in 2009. In addition, the fun88 ทางเข้า 2020 website
    confirms to the best security requirements and functions with all devices.
    The fun88 latest entrance presents players free bonuses for registering and makes
    up a different giveaway every day of the week.

  • web page
    Posted at 13:57h, 16 November Reply

    Howdy just wanted to give you a quick heads up and let you know a
    few of the pictures aren’t loading properly. I’m not sure why
    but I think its a linking issue. I’ve tried it iin twwo different internet browsers and both suow the same outcome.

    web page

  • ทางเข้า fun88 mobile
    Posted at 05:10h, 17 November Reply

    There are almost endless options for depositing money for fun88 mayalounge.net.
    All users will get great service and many impressive games, with
    100% SSL encryption on all data for safe gambling
    transactions. ทางเข้า fun88 mobile players are able
    to deposit through the web, their mobile devices or through
    the use of a download software program for either their computers or
    mobile devices. The option of depositing money is reachable 24 hours a day.

  • fun88 ทางเข้าล่าสุด
    Posted at 06:05h, 17 November Reply

    fun88 mayalounge is a site that was developed to ensure
    that gamblers receive the best possible security. The casino site carries this out by having more than 1,000
    servers and constantly updating its encryption methods.
    At 2021, the latest fun88 entrance also happens to provide
    an easy registration process and awesome customer service.
    Players can fully enjoy fun88 ทางเข้าล่าสุด with
    safe and efficient online casino services.

  • ทางเข้า fun88 ล่าสุด
    Posted at 06:41h, 17 November Reply

    With a diverse in-house games, exquisite animations and
    graphics and ทางเข้า fun88 ล่าสุด in-game transaction that guarantee players to be fully in control in all of the transactions made.
    fun88 mayalounge.net latest entrance supports more
    than 10 different currencies for its users,
    ensuring them to have full access on more than 15
    different languages used by FUN88. With exciting game releases every single month, fun88
    gives over 40 game titles, all containing terrific themes and graphics, easy game play and thrilling bonus games.

  • bandar dingdong togel
    Posted at 11:00h, 17 November Reply

    Hi there! Quick question that’s entirely off topic.
    Do you know how to make your site mobile friendly? My
    site looks weird when viewing from my iphone. I’m trying to find a theme or plugin that might be able to
    fix this problem. If you have any suggestions, please share.
    Thanks!

  • dingdong 36d
    Posted at 11:28h, 17 November Reply

    Hi there to every body, it’s my first visit of this webpage;
    this web site consists of awesome and genuinely good material
    in support of readers.

  • Fun88
    Posted at 06:11h, 18 November Reply

    Wow, superb blog layout! How long have you been blogging for?
    you made blogging look easy. The overall look of
    your site is great, let alone the content!

  • web site
    Posted at 19:32h, 18 November Reply

    Hello there! I know this is somewhat off topic but I was wondering if
    you knew where I could gett a captcha plugin ffor myy comment form?

    I’m using the same blog platform as yours and I’m having problems finding one?
    Thanks a lot!
    web site

Post A Comment