article thumbnail

Why do projects fail? (Includes examples!)

Rebel’s Guide to PM

Here are some high-profile failed projects: Following an internal review, Multiplex, the Australian development company responsible for the reconstruction of the Wembley Stadium, became aware that costs for the project were escalating to the point that the company would make a loss of £750 million on the project. billion to £10.9

article thumbnail

Project Gates: The Janus-like Guardians of Product Development

MPUG

One might conclude that agile approaches to project management, such as Scrum, mean there is no need for gate reviews. We say the same thing if one adopts gate reviews for every product development project. Let’s explore a typical product development project’s phases, goals, and metrics reviewed at each gate.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

In-Depth: Stable Or Fluid Teams? What Does The Science Say?

Scrum.org

Kozlowski & Ilgen (2006) describe this reciprocity as “process begets structure, which in turn guides process”. Wang et al (2006) studied software teams tasked with ERP implementations and found that cohesive teams performed significantly better than less-cohesive teams. In turn, this facilitates further collaboration. Bradley et.

article thumbnail

Enhanced due diligence in banking 

Productivity Land

Enhanced Due Diligence (EDD), also known as Politically Exposed Person (PEP) screening, is a process that banks and other financial institutions must use to identify the risk associated with doing business with foreign individuals. The BSA was enacted in 1970 and amended in 2001 and 2006.

article thumbnail

PMI’s Pulse of the Profession 2020: Creating a Future-Oriented Project Management Culture

Inloox

The Project Management Institute (PMI) has been conducting surveys, questioning international organizations and project managers on a regular basis since 2006. From the development of new technologies such as artificial intelligence to the demand for greater social responsibility and the ever-changing expectations of consumers.

2020 130
article thumbnail

Systems Thinking in Organizational Coaching

Scrum.org

Now we live in a world of digital technologies in a global post-industrial society. Small changes can produce big results—but the areas of highest leverage are often the least obvious (Peter Senge, The Fifth Discipline, 2006). There is no blame (Peter Senge, The Fifth Discipline, 2006).

2006 238
article thumbnail

In-Depth: How Coherence And Cohesion Are Critical To Scrum

Scrum.org

And does your Sprint Review consist of team members listing their individual accomplishments? Wang et al (2006) studied software teams tasked with ERP implementations and found that cohesive teams performed significantly better than less-cohesive teams. Psychological review , 57 (5), 271. R., & Dion, K. Festinger, L.

SCRUM 235