Question

In: Finance

Give some example like the large organization has greater project failure than a small organization. You...

Give some example like the large organization has greater project failure than a small organization. You can provide some statistics on it (250-300 Words, No handwriting, No Copy Paste)

Solutions

Expert Solution

70% time in 25% top organizations fails to succeed in projects. There are several reasons behind the scene : sometimes IT projects faces cost overrun,time overrun or, they are not able to provide the actual information what they have promised to provide.Another way, top organization has lot of projects to be finished within the working time ,for this reason they have to import employee externally which can be vulnerable for the company as sometimes they fail to provide the actual work in given time. On the other way political influences or geographical disadvantages also triggers such failure in projects as this companies needs to improve their functionality quickly. On the other hand small organization, at pick up or growing stage,they move quickly by managing their work by own employee, as the functionality of the small companies are in growth stage. So ,in contrast of this situations sometimes small organizations have the advantages on project management over the large organizations .


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