The document outlines seven common pitfalls to avoid in project management: choosing the wrong project manager, lack of clear objectives, inadequate funding or scheduling, cutting corners, ineffective communication, misunderstanding external issues, and failing to hire appropriate resources. It emphasizes the importance of assembling a capable project team, establishing clear goals, ensuring proper funding, maintaining quality standards, engaging stakeholders, understanding legal constraints, and hiring experts. The document concludes by encouraging organizations to recognize these pitfalls to achieve project success.