Why Do Projects Fail?
When you think of a Fortune 500 company and imagine they are leading a big new project, what do you think their chances are at success? 100%? Ok, let’s be more realistic – 81.3%? But not below 70%, right? Well, a study of more than 200 international companies with over 10,000 projects has shown that barely 3% of companies manage to finish all of their projects.
Some of the reasons why projects fail are presented in this infographic by Active Collab and highlight the risks each manager faces when taking on a project.