Voices on Project Management

By Peter Tarhanidis, Ph.D.

Many leaders accept failure as part of their learning to enhance their future and mature outcomes. At the beginning of a new year, we must reflect on the past year’s successes and failures. Reflecting on project failures in 2024 offers leaders valuable insights to foster success in 2025. Understanding these challenges, supported by data and examples, is crucial for leaders aiming to enhance project outcomes in 2025.

Here are some notable quotes and perspectives on failure and resilience:

• Failure as the stepping stone to success: "Only those who dare to fail greatly can ever achieve greatly." — Robert F. Kennedy.
• The power of perseverance: "The secret of life is to fall seven times and to get up eight times." — Paulo Coelho
• The need to take risks: "Risk is not to be evaluated in terms of the probability of success but by the value of the goal." — Ralph D. Winter

Leaders should reflect on 2024 project failures with a focus on identifying root causes, assessing systemic issues, and implementing actionable lessons. Below are examples of challenges organizations and leaders faced or continue to struggle with:

1. Poor resource management: Inefficient allocation of resources led to project delays and budget overruns. TeamStage’s 2024 survey cites 60% of respondents identified poor resource management as their biggest challenge. Prosymmetry illustrates this impact; the Denver International Airport's automated baggage handling system faced severe delays and budget overruns due to inadequate resource allocation and management.
2. Lack of defined project management methodologies: The absence of standardized processes resulted in inconsistent project outcomes. Plaky’s 2024 survey indicates that 42% of project managers do not follow a defined project management methodology, making their projects 15% less likely to meet goals and stay within budget. Prosymmetry 2024 shares an example of when the Ford Edsel project failed due to the absence of a clear project management methodology, resulting in misaligned objectives and market misjudgment.
3. Unrealistic deadlines: Setting unattainable timelines leads to compromised quality and team burnout. Tempo 2024 states that 31% of project managers reported unrealistic deadlines as a top challenge. A key highlight noted by the Project Management blog is when the FBI's Virtual Case File project was abandoned after four years and $170 million spent, primarily due to setting unattainable deadlines that led to incomplete and faulty deliverables.
4. Insufficient budget: Unsurprisingly, underfunded projects struggled to procure necessary resources, affecting deliverables. Exploding Topics 2024 survey notes that 17% of project managers cited insufficient budget as a significant challenge. ProjectManager blog cites the California DMV's IT modernization project was canceled after $135 million was spent over nine years, largely due to chronic underfunding and budget mismanagement.
5. Poor project quality: Without the voice of the customer, deliverables failed to meet stakeholder expectations, necessitating costly revisions. This was noted by the Exploding Topics 2024 survey by 13% of project managers, who identified poor project quality as a major issue. ProjectManager blog notes the Healthcare.gov website launch in 2013 suffered from numerous glitches and downtime due to inadequate testing and quality assurance, leading to a poor user experience.

2025 Strategies to Ensure Success

1. Implement defined project management methodologies: Adopt a standardized framework like agile or waterfall to provide clear guidelines and improve project outcomes. Tempo 2024 confirms projects are 15% more likely to meet goals and stay within budget when following a defined methodology.
2. Set realistic deadlines: Engage stakeholders in setting achievable timelines based on resource availability and project scope. Leaders will reduce the risk of team burnout and maintain quality standards.
3. Ensure adequate budget allocation: Conduct thorough cost estimations during the planning phase to secure necessary funding. Leaders can prevent resource shortages and maintain project momentum.
4. Enhance project quality: Implement quality assurance processes and continuous improvement practices. Organizations can deliver products that meet or exceed stakeholder expectations, reducing rework.
5. Invest in resource management tools: Utilize project management software to optimize resource allocation and track progress. This will aid leaders in improving efficiency and in meeting project objectives.

By addressing these challenges with targeted strategies, leaders can build project maturity and drive more successful outcomes in 2025. What project challenges did you have in 2024, and what actions will you take to ensure success in 2025?

References

1. https://teamstage.io/project-management-statistics
2. https://www.prosymmetry.com/blog/4-famous-project-management-failures-and-what-to-learn-from-them
3. https://www.tempo.io/blog/failed-projects
4. https://plaky.com/learn/project-management/project-management-statistics
5. https://www.projectmanager.com/blog/failed-projects
6. https://explodingtopics.com/blog/project-management-stats

By Yasmina Khelifi, PMI-ACP, PMI-PBA, PMP

When you begin to work in project management, you have much to learn and need to build credibility and trust with stakeholders. You are alert to new things, new behaviors, and the need to continuously improve.

Yet you may become overconfident about your project management competencies as the years pass. You may develop comfortable routines. You may fall into what psychologists call functional fixedness, a cognitive bias that sometimes prevents you from thinking of novel or creative solutions to problems.

How can you get trapped in functional fixedness?
It may sound counterintuitive because we have more information at our disposal these days at work and on social media: reports, posts, or lessons learned from organizations or individuals.

When I studied at university, the information came from the internet, printed books, or professors. Nowadays, we have all the materials and content to learn new things. However, because we are overwhelmed, we narrow down the content based on our interests. And we may become entrenched in the same areas.

It is essential to remain open to other industries, knowledge, content, and people.

How do you escape functional fixedness?

• Seek reverse mentoring. Reverse mentoring (also known as upward mentoring) is a professional development practice where a less experienced or junior employee is a mentor to a more experienced or senior colleague. The goal is to tame your ego. You will gain new perspectives that will help you to interact with your younger team members. If you feel intimidated, you may begin with small steps: Ask the young intern to review your slide deck and ask you questions, or repeat your presentation in front of them.
• Listen to diverse voices. You may have a young intern or colleague close to retirement in your projects. Or perhaps you are a technical project leader who has to collaborate with the marketing department. All have valuable inputs to give you. All can help you discover new horizons. You may have former university friends who work in other industries; talk with them to understand their challenges and how they solve them.
• Take roles at work—or outside it—in different areas. You may not have a remarkably diverse workplace. Look for communities or activities you can get involved in to immerse yourself in a different environment. You can define what “different” means for you. Differences can embrace social, economic, or academic backgrounds, along with ages, countries, cultures, genders, etc.

On the contrary, you may be in a diverse workplace, but you don’t take the time to talk genuinely with your colleagues to learn more. Have one-on-one breaks with some of them to exchange information.

Regardless of your situation, once you experience a new situation (that you naturally find or intentionally look for), observe how you feel:

• What do you like about the situation?
• What do you find disturbing?
• What are you learning?

Making efforts to remain open will protect you from functional fixedness. What strategies do you use to embrace novelty?