Why do projects fail?

… and how easy is project recovery? Project failure facts and figures are in the eye of the beholder unless the statistics are granulated into a level that explains the exact science behind the numbers. Failure percentages vary from 40 to 80 percent and are, logically and primarily, based on qualitative information gathered through interviews. This percent of failed projects, whether it be 40 or 80, is a tragedy and is an indication that the project management profession as a whole has a lot of work to do in the times to come! But which are the main reasons why projects fail? Through studies of three similar analyses conducted within