Reasons for failure:

• Lack of Market research done in the planning stage

• The general perception that the whole project was unnecessary and fueled by "corporate greed"

An absolutely awful console where they wished to do virtual reality, which became awful to play, caused headaches, and was super expensive

Development of an electric car Project name: The Dyson Date: Oct 2019 Cost: £500M Synopsis: The future of transportation is here to see and it is of course electric! As a result, the development of electric cars has been a growth area for the past ten years and the pace of change continues to grow.

Contributing factors: Lack of upfront due diligence (failure to analyse costs, market competitive landscape, market size, production costs and profit margins). Underestimation of costs. Perfectionism. Focal imbalance (focusing on the product rather than full spectrum of work need to launch a car brand).

2.No Defined Project Budget.

3.No Set Time Frame.

4.Changes in organizational priorities.

5.Inaccurate estimates of project requirements.

6.Changes in the project's objectives.

https://sebokwiki.org/wiki/Denver_Airport_Baggage_Handling_System

Reasons for failure:

• Overambitious Technology (large scale untested)

• Poor Project Management

• Underestimation of Complexity (integration of different components)

• Insufficient Testing

• Rushing the Schedule

• Cost Overruns

Failure reasons:

• Faulty Software Deployment. Algorithm wasn't tested enough

• Not enough safeguards to halt problem

• Pressure to compete

• 1. Scope Creep: The project may have suffered from continuously expanding scope without corresponding adjustments to resources, timelines, or requirements. This can lead to unmanageable complexities and ultimately project failure.

• 2. Poor Leadership and Governance: Inadequate leadership or governance structures can result in decision-making delays, conflicting priorities, and a lack of accountability, all of which contribute to project misalignment and failure.

• 3. Technical Challenges: Complex technical requirements, incompatible systems, or insufficient expertise can impede progress and result in project failure. Integration issues with existing NHS systems or failure to adapt to evolving technological standards may also be contributing factors.

• 4. Budget Overruns: Inaccurate budget estimations or failure to control costs effectively can lead to budget overruns, causing resources to be stretched thin or critical project components to be underfunded, ultimately jeopardizing project success.

• 5. Resistance to Change and Stakeholder Management: Resistance from end-users or stakeholders, inadequate communication, or failure to manage expectations can undermine project adoption and success. Poor stakeholder engagement strategies may result in insufficient buy-in or support for the project, leading to its failure.

Immense struggles due to:

1. Constantly changing stakeholders; it bounced between different governments

2. The scope changed (all FTTP to mixed delivery)

3. The budget changed

4. Poor planning that lead to the project running over budget and time due to the complexity being greater than expected

5. Subcontracting the work out and placing planning responsibility on them, leading to more points of failure and a slower and more expensive rollout

ASX wanted to replace/rebuild CHESS (Clearing House Electronic Subregister System) with a cutting edge distributed ledger technology. The project was abandoned after costing $250 million AUD. A review by Accenture found the rebuild was just 63% delivered and almost half the code needed to be rewritten. Some of the reasons it failed:

1. Risk. They were trying to use a cutting edge technology that was unproven and untried so there was alwasy possibility of failure.

2. Scope creep. "From an initial plan to run about 12 of CHESS's 400 data transfers per transaction on blockchain, ASX decided the new system would include all 400 transfers"

Cost: INR 3,000 Crores

Description: Mumbai Monorail was eco-friendly solution to urban congestion in Mumbai, India’s financial capital. It aimed to provide last-mile connectivity and modernize Mumbai’s public transit network.

What is its current state: Mumbai monorail has fragile infrastructure, very poor ridership, frequent train breakdowns, and massive operational inefficiencies.

Why it failed:

[1] Unrealistic Rideship Projections [Poor ROI estimates done during project scoping]

[2] Poor Route Planning and Integration [Lack of Stakeholder (general public) understanding and poor design planning]

[3] Ineffective Operations and Maintenance [Lack of proper project handover, no maintenance plans in place, severe cost cutting]

[4] Acquisition Cost Overruns [Project Risk Planning was poor]