¶ … Governance
Primary causes of information management project failures
There are several primary causes of failures in management of projects. Project management is a lucrative field that needs equitable standards of growth and development. In many projects, equitable measures have not been used in order to arrive at management of projects to the levels of their successes. Project failure is attributed to a number of factors. Many organizations have intensified equitable measures of ensuring that they have lived within the precepts of successful information technology projects in the organizations. Nonetheless, there are a number of primary causes of project failures (Murch, 2004).
Failure to deliver the projects in time
Time is one of the elemental figures in managing projects. From the time of conceiving IT projects to their implementation and maintenance stages, it is often immensely vital to bear in mind the importance of keeping taps with time in all aspects. Many projects have not been successful, and have turned out to be of failures due to delays in the growth and development stages. Many managers have good records of accomplishment in implementing project principles that are accorded respective time allocations. Nonetheless, it has been hard to let these programs and procedures go in accordance to the planned time. In most cases, delays have resulted in poor quality projects, failures in meeting the set plans and objectives. Because of poor observance of time, it has been known that projects fail in many ways.
Poor budget
Budgeting is sentimental to the general performance of a project. Projects are an exemplification of ideas through financial mechanisms of performance. Finances are rudimentary to any project. Without enough financial or budgetary allocations of a project, fulfilments all fail automatically. Many projects have failed due to lack of enough finances to pursue the set objectives and plans. In some other failures, projects have deemed to failure due to poor management of the financial...
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