Description: Project failure is rampant across all sectors, industries and fields. Some studies, such as those by The Standish Group and IAG Consulting, peg the project failure rate at 56% and 68%, respectively. And a McKinsey & Company survey of over 10,000 projects around the world found that that 17%, or nearly 1 in 5, unfolded so badly, that they threatened the organization’s very survival. Clearly, these statistics don’t inspire confidence. However, organizations don’t have to resign themselves to “losing the project battle before it even beginsâ€. Rather, they can adopt these 5 key strategies to make project success the norm rather than the exception
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