Most Projects Fail. Why?

	Boston, Massachusetts, April 23, 2009 The Standish Group's just-released report, "CHAOS Summary 2009," "This year's results show a marked decrease in project success rates, with 32% of all projects succeeding which are delivered on time, on budget, with required features and functions" says Jim Johnson, chairman of The Standish Group, "44% were challenged which are late, over budget, and/or with less than the required features and functions and 24% failed which are cancelled prior to completion or delivered and never used."

Only 32% of projects started actually succeed.

The reasons projects fail are not what you think. In fact, it is very likely if you take steps to make sure your project succeeds, you will greatly contribute to your project's failure.

Projects fail for the same reason 80% of new businesses fail. The answer is not poor planning or poor budgeting. Success comes from less planning, less managing and smaller budgets.

Think about it. How many times have you heard the story of some wildly successful venture started on a shoestring by a 21 year old kid? All the time. Big budget? No. Management expert? No.

Less planning? Yes! Plan the important stuff, ORGANIZE the other stuff. If everything is planned, you'll constantly be knocked off plan. Guaranteed.

You can achieve project success with some planning insight from TeachU.

Chris Reich  (530) 467-5690