What is project failure?
This is a project which does not meet any of the following
- Cost estimates
- Time estimates
- Quality specifications
- Acceptance from stakeholders
The following are some of the reasons why projects fail
- Insufficient resources
- Poor implementation
- Corruption
- Dependency on donor funding
- Natural calamities
- Macroeconomic factors
- Poor selection criteria
- Deliberate sabotage- either through political interference
- Changes in environment
- Poor feasibility studies
- Lack of monitoring
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