The document discusses the common reasons for project failures, including poor requirements, execution, and unmanaged expectations, emphasizing the importance of effective project management. It outlines how to select the best project management tool by evaluating business needs and ensuring usability and scalability. It also highlights the necessity of real-time tracking and communication among project stakeholders to prevent issues.

2. Agenda
 Overview
 Reasons For Project Failure
 Selecting Best Project Management Tool

3. Overview
When any projects fails, we start
searching about the loopholes and
mistakes done in project
management.
But, the search terminated due to
cost overruns, or maybe
techniques were released with
essential mistakes.
So, Why Project Fails?

4. Reasons For Project Failure
Poor Requirements
 Main cause for project management failures
 Leads to poor improvement
 Leads to poor design
Why do we’ve had poor requirements?
Due to,
 Unrealistic schedules
 Poor requirements gathering strategy

5. Reasons For Project Failure
Poor Execution
 If you produce your project effectively, you’ll prevent
poor implementation. But that’s not ENOUGH.
 You require handling problems, risks, scoping,
controlling your team; & also communicate with
stakeholders.

6. Reasons For Project Failure
Unmanaged Expectations
 Every stackholder has different roles, and if not
maintained carefully, this could lead to
misunderstandings and disappointment.
 Define project guidelines like goals, inputs, impacts,
functions, limitations, responsibilities, etc.

7. Best Project Management Tool
With the help of different project management tools
you can monitor project goals, maintain to-do lists,
schedule meetings.
But, how to select right project management tool for
the business? Which tool is best suited to business
requirements?

8. Best Project Management Tool (Conti.)
Select a Project Management Software Solution
that Could Scale
 Project management work is a lengthy and long term
process.
 So, choose a tool with advanced functionalities & helps
you in your long way.

9. Best Project Management Tool (Conti.)
Start with Requirements Evaluation
What type of project management tool your business
requires? Ask yourself,
 Do you have to deal with exterior vendors as well as
clients?
 Do you want to determine tasks?
 Do you want to determine deliverables?

10. Best Project Management Tool (Conti.)
Make Certain Applications Easy to Use
 Choose a tool which is user-friendly & typically in-line
with how your business work.
 If it fails to fulfill your requirements then look for the
tool which offers built-in customized fields &
capability to rename areas and groups.

11. Best Project Management Tool (Conti.)
Ensure there is a Minimum of One Responsible
Party Tracking Project in Real Time
 Don’t wait for every week meeting to discuss and solve
the project issues.
 Just track the development process in real time and
solve the issues and other problems.

12. Presented By
Email: info@addontechnologies.net
Website: www.addontechnologies.net
Blog: www.addontechnologies.net/blog