J/P/10. Project Management. Project failure: reasons and ways to overcome them

In this assignment there were attempts done trying to identify main reasons for project failure and to find solutions to overcome project failure. Different reasons of project failure at its various stages are examined and different solutions are described. In order to prove the viability of a project, there are some different techniques: Net cash flow (NCF), Net present value (NPV), Discounted cash flow (DCF), Internal rate of return (IRR), etc. The majority of reasons for project failure occur at the project implementation stage and at the contract conclusion stage.