KEYEDIN: CAN A FAILING BUSINESS PROJECT EVER BE RESCUED?

More than four out of ten business projects fail to achieve any of their objectives whilst others actually damage an organisation’s ability to do business.

Even worse, almost every significant project will be heading for failure at some time in its lifecycle – the trick is to recognise that and rescue it before the damage is done, an online audience will hear on 21 June.

James Waterhouse is a specialist in technology-enabled business change and Managing Director of KeyedIn UK, one of the world leaders in project management business applications and consulting.  He is the featured speaker on a first-time free Webinar broadcast: ‘Averting Project Disaster – Understanding why Projects Fail and how to implement a successful Project Rescue strategy’.

James Waterhouse says:  “Most business projects fail through a lack of planning, control or communication.  Often, it’s a combination of all three.  Almost half of all projects take longer to implement than first anticipated so, not surprisingly, they end up costing more to implement too.  Recognising the danger signs and saving your project before it’s too late is the key aim.”

The Webinar, on Thursday 21 June at 14:00 BST (UK), 0900 EDT (US) will cover four key issues: the common reasons for project failure; the challenges of recovering a failing project; how to select the best team to recover a project; and what it takes to deliver successful projects. 

When problems arise with a project, James Waterhouse says managers shouldn’t take it personally but instead, put in place steps to rescue it.  “Most entrepreneurs who’ve achieved a runaway success story have at least two failed projects they would rather forget,” he says.

“Most project failures are not down to one person or issue.  They’re the combination of hundreds of microscopic deviations from plan, misunderstood messages and half-hearted actions that, together, are destined to cause calamity somewhere down the line.”

To log on to the free Webinar, Averting Project Disaster, visit

http://tinyurl.com/KeyedIn

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