Project Failure and Recommendations to Recover

A project becomes a failure when it does not deliver what was required within the agreed- upon budget, cost and time. There are many reasons why a project might fail. Identify three

different real project failures of companies around the world. The background of the companies undertaking the project assignment has to be same across them. E.g. all must be IT or IS. You can't mix the project type or scope of work done during the projects. When you have identified three organizations, you should include the following in this assignment: 1. Define these organizations and the importance of their project. 2. Problems with the Project. 3. Key Reasons for Project failure. 4. At what stage in the project lifecycle are projects cancelled (or abandoned as failures)? 5. What is the average schedule and budget overrun? 6. How to handle a project failure? 7. What are the consequences of project failure? 8. How to deal and communicate with a project failure? 9. How to save a project from failure? 10. Recommendations.