Strategies for Project Recovery

Whether a troubled project ultimately succeeds or fails depends on the effectiveness of the actions taken to recover the project. Before these actions can be taken, however, organizations need to be able to recognize problems and prepare to take appropriate corrective measures. PM Solutions has conducted this benchmark of current practices in recovering troubled projects to help identify the factors that may lead to the development of strategies for successful project recovery:

• Can troubled projects be recovered, or are they doomed to fail?
• What are the root causes of troubled projects?
• What is their cost to organizations?
• What do firms do, exactly, to successfully recover troubled projects?