Thousands of project managers faced with project management failures. The challenge of project management failure is critical because failed projects signify that invested money is lost and expectations aren’t met.
Various project management failure stories point out that trillions of dollars are spent each year by companies involved in project management to fight project management failure reasons, improve productivity of project teams, increase ROI (Return On Investment) and reduce project management failure rate. However, almost 60% of the initiated projects are failed – these projects have not achieved even the planning phase. This project management failure statistics is terrible. Perhaps, in your practice you also faced the problem of project management failures and saw that your expectations weren’t met.
One of the most critical project management failure factors is improperly chosen project management software. To mitigate the risk of PM failure, you should choose the best software solution that meets your specific needs and requirements regarding managing and planning projects.
VIP Task Manager gives you an opportunity to make your project more predictable through project planning and tracking. The software features tools to schedule, monitor and report projects. You can try VIP Task Manager for free during 30 days.
- Filters will help you track projects by tasks, phases, due dates, durations, etc.
- Task Tree and Calendar of the software will help you plan and schedule projects.
- Use Custom Fields functionality to add new user-defined fields to your tasks. The functionality will help you measure project efficiency and create performance indicators.
- Use RTF and Excel reports to track project progress and results.