Blog PostProject Services
Is my project about to fail?
View all

There are many potential reasons why a project may be heading towards failure. Some are easy to spot and easy to rectify, others may indicate more deep-rooted issues which can derail the best-laid plans. In this post we look at a few signs to recognise which may indicate your project is heading towards failure.

The why

Does the project align or tie into the organisation’s objectives and vision? Does the business case provide the correct motivation for implementing the project or change? If you are unable to easily and clearly tie the project purpose and goals back to organisation-wide objectives you may need to ask the question ‘why are we delivering this project?’ Moving ahead without having a clear understanding of why the project is beneficial to the organisation is potentially a huge mistake.

Competing priorities

Competing priorities is a common challenge across organisations. This issue can simply come down to strong leadership. If leadership cannot agree on priorities it can lead to issues such as resource capacity and commitment. Alongside the competing priorities there are usually too many projects or initiatives on the go at any point in time, creating pinch points with timelines, resourcing, scheduling and budgets. This is a sign that should sound an alarm on a project.

Project leadership

Project sponsors or senior executives are the champions of the project. Part of their role is to provide the required support to the project manager and the project team throughout the lifecycle of the project. Absence, disinterest and not providing input when risks or issues require executive direction, are all signs that the project may need to go back to the drawing board before it heads for failure. Ongoing sponsor and executive buy-in, from initiation to completion, is vital to a project’s success.

 

 

More project services articles

Case Study
Getting Creative with Project Management

Context Healthspan was looking to rebrand their Pet supplement range, VetVits, to bring a new focused approach to their pet offering. This included rebranding of stock, launching a new dedicated website and creation of new branding and creative content. The key focus was to deliver a rebrand with structure and control without impacting business operations. […]

Case Study
Programme Management Excellence in Large-Scale Transformation

Context Our client, a leading insurance provider, embarked on a strategic transformation to shift from policy-centric to customer-centric operations, supporting future growth and multi-product customer engagement. CBO were engaged to lead and manage the mobilisation phase of the programme, with a focus on delivering robust programme governance, structured oversight, and quality assurance throughout. Approach                 We […]

Blog Post
Sharing Quality: How APM helped CBO connect with Apache iX to elevate quality management

Over the past few years, CBO has grown from a 10-person team to 27 professionals across two jurisdictions, expanding our service offering and client base. With growth comes the need for scalability, especially in our quality management systems. Ensuring consistent excellence in delivery is part of our ethos, and it’s essential to the trust our […]

Case Study
Carey Group System Implementation – NavOne

Context Carey Group is a Guernsey-based trust and fiduciary services provider with around 75 employees. They were relying on multiple aging systems for trust management, billing, and accounting—many of which were nearing end-of-support. Data was scattered across platforms, and billing processes lacked efficiency. Recognising the need for a modern, consolidated platform, Carey Group turned to […]

Case Study
Taking Initiative: Preparing for a Regulatory Financial Service Visit

Approach Ahead of an anticipated AML/CFT visit by the GFSC, our client recognised the need to enhance a number of areas of their operations to align with the expected regulatory requirements. To prepare effectively, CBO worked with our client to develop a structured plan to identify gaps and implement targeted improvements ahead of the regulatory […]

Case Study
Driving Risk Culture through Collaborative Project Management

Approach CBO supported a fiduciary services provider in embedding a culture that prioritises proactive risk management, alongside reviewing its risk methodology and applying it consistently across all clients. The project was structured around three key phases: Risk Methodology Review: A detailed assessment of the existing risk framework to identify gaps in its application across different […]

Fancy a chat? Get in touch with CBO today to discuss how we can help