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Failed Project

oboloo Glossary

Failed Project

A Failed Project is any project that has problems meeting its scope, timeline, or budget, and does not meet the expectations of the stakeholders. Problems may include inadequate planning, lack of resources, disagreements between teams or stakeholders, or unforeseen issues. When a project fails to meet these expectations, it’s a good indication that something went wrong along the way – whether due to human error, external forces, or a combination of the two. It’s important to identify what caused the failure so similar mistakes can be avoided in the future. Companies must take failed projects seriously and use them as a learning experience for better outcomes next time.

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