Project Management

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What is the One Most Valuable Lesson You Have Learned From a Failed Project?

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I'll start…The most valuable lesson I've learned is that a Risk that is present at the beginning of a project will not go away by itself and will only show it's ugly(ier) head again at the end of a project if not resolved. Lesson learned? Don't delude yourself into thinking that just because the project has a long timeline you can get rid of the risk later. Eliminate project risks early and often!

What valuable lesson have you learned from projects that have failed?
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Vasoula Christoforides Project Manager Surrey, United Kingdom
RAID Log [Risks, Assumptions, Issues, Dependencies] must be reviewed on weekly basis to ensure these are managed and accounted.

The most valuable lesson is Project Creep. It is the addition of features, tasks during production cycle after the budget and specs approved. Changes is time and more money outside of budget created and approved. Nothing is for free! Advice the customer that these changes no matter how small are outside the scope, a new estimate and exception report is required. Dont get caught out, small changes amount to effort, time, money and delay to project delivery date. The customer can have what ever they want ! well yes if they pay for it!

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