| ©2006, PDF for download, 83pp., Center for Business Practices
Whether a troubled project ultimately succeeds or fails depends on the effectiveness of the actions taken to recover these projects. Before these actions can be taken, however, organizations need to be able to recognize problems and prepare to take appropriate corrective measures.
In this latest survey of senior project practitioners, the Center for Business Practices investigated the extent to which projects are troubled and recovered, the symptoms and root causes of the troubled projects, and the types of project recovery efforts and their outcomes.
"Of the 84 organizations surveyed, 42% of their projects were troubled, troubled and recovered, or troubled and failed. That means 1,660 out of 3,952 projects were troubled — an average of $30 million of projects at risk per organization (projects worth $22.5 million were recovered)." |
