Failing projects are prevalent in all industries and, although the actual failure rates are very subjective, the incidence of troubled projects is easily more than half of all projects. Finding the Gold in Red Projects looks at the value in performing a formal recovery on a red projects.  It uses current and historical data, case studies and the presenters twenty-five years experience of recovering projects to illustrate the process. Finding the Gold in Red Projects has four major goals:Define the state of today’s project management success/failure ratio;Show how a formal recovery process can help;Provide a process to objectively rank projects;Next steps to execute.At the end of the presentation, attendees will understand how they can reduce reoccurring failure in their organization and use incidents of failure to continually improve performance.