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Reasons For Failure & Prevention and Performance Repoting of The Project

The document discusses reasons for project failure, how to prevent failure, and performance reporting of projects. Common reasons for failure include lack of communication, resources, and coordination. To prevent failure, the right technology must be chosen, status updates required, timelines estimated, and the team motivated. Performance reporting includes regular project status reports, progress reports to track if the project is on schedule, and resource reports to see if resources are overloaded.

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Sagi Kiran
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18 views

Reasons For Failure & Prevention and Performance Repoting of The Project

The document discusses reasons for project failure, how to prevent failure, and performance reporting of projects. Common reasons for failure include lack of communication, resources, and coordination. To prevent failure, the right technology must be chosen, status updates required, timelines estimated, and the team motivated. Performance reporting includes regular project status reports, progress reports to track if the project is on schedule, and resource reports to see if resources are overloaded.

Uploaded by

Sagi Kiran
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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REASONS FOR FAILURE

&
PREVENTION AND
PERFORMANCE REPOTING
OF THE PROJECT
BY,
NAVEEN KUMAR
FINANCE-2
REGD NO:6156
COMMON REASONS FOR FAILURE
OF PROJECT & PREVENTION
Causes for the failure of the projects
• Lack of communication between the authorities
and the team
• Lack of availability of resources
• Lack of co-ordination in the team members
• No efficient team leader
• Lack of adaptability of the team to the
situations..
• Poor selecting, organizing and evaluating the
project
How to prevent these failure….
• Picking the right technology
• Everyone is answerable and so everyone must
submit a status to someone
• Establish a process and format for status and
make it an unbreakable law
• Project timeline estimates
– Pattern Matching
– Function Point Analysis
• Motivating the team
– Project Owner
• Must be a single human decision maker
• Must control the budget or have a firm budget
• Must be responsive
– Project Manager
• Person who must make sure it all happens and also
must set Owner expectations constantly
• Developer
• Leadership
– You manage money and resource, but you must lead
people
– Everyone can spot a hypocrite so follow your own rules
PERFORMANCE REPORTING OF
THE PROJECT
Performance reporting of the project
Project Status Reports
• Most project managers have to complete a regular Project Status
Report for their sponsor.
• It's usually a time consuming task and involves getting input from
lots of people and lots of data sources.
Progress Reports
• It's often hard to know if you're on track - that's the million dollar
question!
• This project management software answers that question by
giving you Project Reports that tell you if you're on track. Each
Project Report tells you the number of days you're ahead or
behind schedule.
Resource Reports
• One of the trickiest things in managing projects is knowing when
your resources are overloaded.
• Have you allocated too many tasks to your resources and do they
have any spare time available?
• This Project Reporting tool tells you who is overloaded and who
isn't.
• It tells you the amount of time that you've allocated to each
resource, their spare capacity and any variance.
• With this information, you can spread the work around more
evenly.
THANK YOU

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