5 reasons projects fail – and what to do about them

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When you analyze a project portfolio, it is normal to find that some targets set are missing and some deadlines have not been met.

While working on a variety of projects over many years, the author, Hans Læssøe, has found that they fail for common reasons. The bad news is that while these reasons are not new, they continue to this day. The good news is that organizations can opt to leverage their risk management teams and rectify and improve on these causes without having to “bend over backwards” to boost performance.

In this article, Hans Læssøe discusses 5 common reasons projects fail. He shows what needs to be done to prevent failures and make it so that projects add true value to your organization.

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Author

Hans Læssøe

Hans Læssøe is the founder of AKTUS Consulting Services. He has more than 35 years of experience with the LEGO Group in a number of areas, which has provided him with sharp business insight and a network to drive proactive strategic risk management. Mr. Læssøe is a founding member of a Danish ERM network as well as an executive member of the European Council of Risk Management and a Specialist member of the IRM. Mr. Læssøe is also a member of RIMS, where he serves on the “Strategic Risk Management Development Council.” The LEGO Group and Hans Læssøe have won multiple European awards for risk management approach implementation, and Hans has authored/co-authored articles in international magazines in addition to speaking at international risk management conferences.

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More Resources

5 reasons projects fail – and what to do about them

When you analyze a project portfolio, it is normal to find that some targets set are missing and some deadlines have not been met.

In this article, Hans Læssøe discusses 5 common reasons projects fail. He shows what needs to be done to prevent failures and make it so that projects add true value to your organization.

Featured Resources

How to streamline project management in your company

Strategy to develop project management in a low-maturity company

10 Knowledge and Skills Every Project Manager Should Have

See also

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SoftExpert Risk