A project failure can be considered as project that has not delivered its required expectations. In case the project can meet both the business ambitions and all stakeholder requirements, then it can be considered as a success.
However, in reality, expectations of the customers and stakeholders keep on changing constantly, inhibiting the project team to deal with issues and to achieve project goals. But the question is why do project fail? Project failure occurs if the projects are late, crossed their budget, does not deliver the business value as expected or deliver the wrong product.Read More