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Articles Tagged 'failure'

  • Assurance for high risk projects
    risk analysis

    Why do so many governing bodies allow their organisations to embark on high risk projects without insisting on a robust, independent assurance function? Pat Weaver addresses what assurance should do.

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    Risk
  • Application of KRAs Theory—Meng Jia
    Chinese money construction

    Application of KRAs Theory in Concept Design Phase of a Banknote Plate-making Workshop Construction Project in China
    The uncertain nature of modern society results in a complex project management context, especially in the concept design phase. There is a critical demand to focus on key areas which can directly contribute to short-term objective and assist in long-term success of project.

    This reflective paper analyzes key failing factors of a construction project which relates to the Banknote Plate-making workshop in China. Based on the actual condition, the technique of KRAs is applied to identify essential management areas and performance gaps between project team and benchmark. Some measures are recommended to fill the gaps and improve performance in the future projects.

    Author: Meng Jia
    Review status: Postgraduate assignment (University of Technology Sydney)

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    Whitepapers
  • Reflection on project reform—Jacob Silver
    reflection_thoughts

    Reflection on project reform
    With reasons for project failure remaining unchanged since Harvard Business School first published the common causes, organisations are faced with situations where the focus is less about what the causes of failure are but rather what the early warning signs are and what are the response mechanisms. It’s imperative that as project managers we put in place tools to recognise the early warning signs of project failure and implement strong processes to reform projects that are on the path to failure.

    This paper examines the process of change that a large and complex relocation project went through during the early stages of project failure. The paper discusses several failed attempts at change and the eventual process that got the project back on track and allowed the team to achieve immediate and ongoing success. The tools used to improve success include critical reflections, the discovery of common themes through the use of affinity diagrams and the use of personality traits to assign roles. The key lessons learnt were shared and this allowed the team to continue its success and ultimately restore faith with their client and secure future business.

    Author: Jacob Silver
    Review status: Postgraduate assignment (University of Technology Sydney)

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    Whitepapers