Why do projects fail? Murphy’s law?

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60m 08s
Duration
1.00
PDUs
5,243
Views

Overview

Did you know that NASA lost a mission sent to Mars, because of one confusion with the metric system? Because of a simple mistake, US$125 million were sent to the space. Literally.  

How was this failure possible? Murphy’s law?

In the Fortune 500 companies, 70% of the projects fail in some way.

These are projects where everything is done correctly, which have qualified professionals, matured processes and the most exotic tools. These projects are expected to succeed. So, why do they fail? It may look like Murphy’s law!

In this culturally rich webinar, the author proposes a new approach to analyze failure in projects: exploring common behavioral issues that leads to failure in management. Covering from attitudes up to mental processes which interfere in the decision making. These factors combined create 101 common situations which lead to failure: overambitious goals, superficial planning, abstinence during execution, insistence in ignoring the problems and many others. The author introduces the “Five deadly sins of the project manager”, mentions some of the 25 classical mistakes and interesting laws and principles of the project management which are useful to prevent these situations. 

Historical and well known cases will help to illustrate the concepts: from the Roman Empire, Napoleon, and the Titanic, until recent cases in NASA and US Army projects.  At the end of this webinar, the attendee will have a clear picture of how behaviors affects the project results, and will visualize the necessary skills to address them.

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Acknowledgements: Carrie Dunn and Derrick May

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