A Consultancy Company’s Challenges and Project Failures

A consultancy company that specializes in project management has witnessed a high failure rate. Critically review the possible causes of project failure within the company.

The high failure rate was due to projects being completed late and often at a significantly higher cost than initially anticipated. The board of directors has called for an internal review to substantiate the causes of project failure. Your manager has asked to prepare a report on the efficacy of the current project management system. Review the current challenges and propose a better way forward. Make appropriate assumptions on the nature and context of the projects to develop a focus report.