The following listed points are some of the reasons why project management fails in these companies. Let’s walk through it:
1. Lack of Knowledge: though, over the past few years, there has been a remarkable change as regards this. Many companies now have the basic knowledge of project management. Before, many organizations had employees with zero knowledge of project management and this became a huge project for such companies to practice project management successfully.
Even till today, there are still a couple of organizations that are yet to take advantages and make the best use of the crucial part of the organization. But what leaves in a bad taste in the mouth is the fact that there are tons of discussions online about project management, there are courses at colleges and online to get the basics of project management.
2. No policy for managing project: this is one of the most common scenarios nowadays as compared to having no knowledge about the project management. Some companies have got no formal policy for project management and those that have got, use approaches that are not formal and consistent. Hence, companies that use these kinds of project management fail.
3. Poor policy enforcement: there are cases where policy are formulated right but to implement such policy becomes a problem and this results in different results witnessed in such establishments. So, it is important that the company always see to making sure the policy formulated are well followed to assure great and accurate results.
4. Little knowledge of the magnitude and complexities of project management: Many a times, people underestimate the complexities of project management. There are a lot of things going on behind the scene. Activities such as estimation, planning, reporting and control are some of the things to be done in project management.
Therefore, it’s important that you know that project management is one of the philosophies of management that places emphasis on managing humans toward the accomplishment of a set goal. Never confuse it for tools or techniques or the administrative function.
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