Aug 9, 2006
1 comment
How To Benefit From Failure
BusinessWeek Online has an interesting article about failure. It cites a couple of high profile successes (like Bill Gates and Abraham Lincoln) that had failed businesses early in their careers. It then goes on to talk about making business failures more productive through analysis and review.
The same holds true in projects. A huge number of projects “fail” in that they don’t meet original expectations, timelines or budgets. Sometimes they even fail by not producing the expected deliverable. Good project management can help minimize these kind of failures. But even the best team or is not going to bat 1000.
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