PM ADVISORY

Juggling Projects With Forgotten
Strategies

By Vijay Aluwalia

USA

State of Project Success

32% of all projects are delivered on time, on budget, with required features and functions, 44% are challenged (which are late, over budget, and/or with less than the required features and functions) and 24% fail (which are cancelled prior to completion or delivered and never used).

Consider the huge number of projects being worked on, the colossal investment in resources and the bitter disappointment when so many of the initiatives fail to deliver. How will organizations remain competitive and efficient with such troublesome results? If your organization has unlimited resources and is not accountable, then perhaps this is of little importance to you. For the rest of us, it should be top of mind.

Why so much failure?

So why is there such turmoil in successfully implementing projects? From my experience, organizations are typically trying to push far too many projects forward. There seems to be a genuine concern for driving results, a desire to step up and take on responsibility. Yet between business units there is often a severe lack of clarity as to which projects truly support their strategy. Inefficient processes, frustrating systems, unhappy senior management and overzealous and ambitious managers all tend to breed new projects. There is a tendency to try and help others and to be seen as a team player.

This leads to additional projects being born and there is an overall belief that positive energy and attitude will win the day. This however, leads to lack of focus on implementing the strategy…

More...

To read entire paper (click here)

About the Author Vijay Aluwalia Author Vijay Aluwalia is the Principal and Founder of VARUNE Project Leadership. With over 17 years of project management and consulting experience across the United Kingdom, Ireland, Portugal, India and the USA with major companies, Vijay is esteemed among clients and peers as an “Exceptionally well qualified instructor of project management practices & processes - energetic, engaging and knowledgeable”. Vijay received his Master of Business Administration (MBA) from the Cranfield School of Management, UK, is a Certified Project Management Professional (PMP®), a Certified Business Analysis Professional™ (CBAP®), a Certified Professional Coach (CPC) and an Energy Leadership™ Index Master Practitioner (ELI-MP). For more information about VARUNE, visit http://www.varune.com/ or contact chris@varune.com.