Isn’t it absurd? Projects are carried out with certified project managers who master the magical project management triangle in a virtuoso manner, who are supported by the latest technologies and guided by solid processes - and yet ¾ of all projects fail according to a study by Forrester. Are all these certifications, technologies and processes absurd?
When it comes to changes during the construction phase, project managers and their teams face multiple challenges. Improper administration of change can impact costs, profitability, and overall project performance. Lack of ownership and accountability may have a ripple effect on company cash flow and yet EBIT margins.