After hearing about how many project fails, I decided to do a little research on the matter. I found it interesting that only 1/3 of all projects are successful. I also found out that if your project budget is under 750,000 your success rate is higher; however, if your project budget is over millions of dollars your failure rate is higher. This article talk about ways that will help you identify when a project is failing. Two important factors to me was finding out that temembers working overtime means that thier is a problem. Because no project should have overtime and the other interesting indicator was weight loss. If you notice members on your team have been losing weight, then you can bet its because of their long night working while eating junk food and drinking caffeine. I was very shock to find out how many ways an unsuccessful project can affect the human body. If you are interested in finding out more ways to identify a project that heading for failure than you should read this article.
http:..www.cio.com/article/print/124309
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