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Epic fail: Exploring project failure’s reasons, outcomes and indicators

Author

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  • Marc Herz

    (Kleinundpläcking GmbH)

  • Nicco Krezdorn

    (Medizinische Hochschule Hannover)

Abstract

Understanding the complex phenomenon of project failure can facilitate improved project management and lower the risk of future project failure. Using a qualitative pre-study combined with a quantitative survey conducted with project managers, the study assesses the reasons for, as well as the outcomes and indicators of, project failure. The study (1) identifies planning as well as people factors as significant reasons for project failure, (2) explores outcomes of project failure, and (3) identifies key indicators and early warning signs of project failure. The results provide multifaceted insights into the phenomenon of project failure, and the authors provide specific theoretical, methodological, and managerial implications.

Suggested Citation

  • Marc Herz & Nicco Krezdorn, 2022. "Epic fail: Exploring project failure’s reasons, outcomes and indicators," Review of Managerial Science, Springer, vol. 16(4), pages 1169-1193, May.
    • Handle: RePEc:spr:rvmgts:v:16:y:2022:i:4:d:10.1007_s11846-021-00479-4
    DOI: 10.1007/s11846-021-00479-4
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    References listed on IDEAS

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