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 health checks, audits, and formal recovery processes on failing projects.
It uses current and historical data, case studies, and the presenter's three decades of experience of recovering projects to illustrate the process. Time is allotted based on the total presentation time for the audience to join in with their experiences.
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At the end of the presentation, attendees will understand some of the factors that influence continued project failure and a number of steps that can be taken to improve success rates and minimize reoccurrence.
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 reduce or eliminate failure reoccurrence.
- Illustrate examples of some common problems and their solutions.
- Outline the next steps in improving project performance.
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This is a 60- or 90-minute executive-level presentation and is tailored to the industry of the attendees by using industry-related case studies.