A project fails when it’s not delivered in time as per the objective.
It may happen due to poor project management. So, to be successful, the project
must be completed before the deadline with quality and within budget.
PMI’s latest research has found that 83% of executive leaders understand the value
of project management. And yet nearly 10% of the money that organizations
invest in projects ultimately goes to waste as a result of poor project
performance.
The most common reason for the failure is the
lack of clearly defined objectives, which become a hindrance for its progress.
Read the Full Article on Orangescrum Blog
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