22 How to Fail in Project Management Without Really Trying (1)

7/23/2019 22 How to Fail in Project Management Without Really Trying (1)

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No matter how successful the

organization is, it is bound to make a

mistake

Where there is a failure there is potential

for learning


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To manage the project without regard for

the organizations external, internal

environment including project stake

holders.

DHABOL CASE


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When a company pushes a new

technology the company cut corners ,

safety factors or make quality trade offs

TEREDYNE JAGUAR

CASE


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Successful project managers are those who are

best able to adapt to the new situation with

flexibility, look for opportunities and bring

their projects back up to spend rapidly

Managers who spend time doing the What if

scenarios are more successful than managers

who operate reactively

A&D CASE


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Fix the problem not the blame


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Allowing new projects to remain in a

holding pattern indefinitely


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Feasibility study is required for a project

to be successful

Euro-tunnels failure to generate revenue

HANDSTAR CASE


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To recognize the circumstances when its no longer

sensible to continue

Ego and personal stake in the project Throwing money at a sinking project will not buy success

Willingness to acknowledge an error is required

Eg: AT&Ts admission that its $7.5 billion investment inacquiring NCR corporation was a mistake

TURNER CONSTRUCTION CASE how to solve


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Large corporations, loaded with layers of

oversight and bureaucracy, are increasingly

becoming some of the worst settings for

achieving cutting-edge innovation

Some of the big spending innovations never

found their way to the market


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Inclination to sweep the whole failed project

under the rug and move on as though nothing

has happened.

Mistakes are a natural side effect of many new

ventures. Learning from them, is a trait much

more difficult to acquire


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Willingness to sacrifice money in exchange for

schedule, and vice versa

Balancing acts among rival demands

Implications of crashing the project


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Need to reshape strategic focus

Political decision-making is often at the

expense of overall organizational effectiveness


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Weak leaders are unhelpful and

counterproductive

Good project leader is the one who has

to marshaling the resources , motivating

team personnel


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Failure is often a by-product of risky ventures

Projects upset the status quo of organizations

Past failures need not discourage us from future efforts

Two natural reactions from project managers in sight of

failure

To brush aside with as little thought as possible

To become so focused on failure that it handcuffs an

organization from taking new steps

There are lessons to be learnt from failure- if only we are

willing to learn

22 How to Fail in Project Management Without Really Trying (1)

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