Learning from #FAILs in ICT and Mobiles for Development.
What is FAILFaire?
Its time to bring out the failures, with a sense of humor, and with an honest look at ourselves. Hence was born: FAILFaire.
The first step to come out of failure is to forgive yourself and take a second chance.
Mistakes are good
Always try to learn from your mistakes. This way you will learn more.
Get external support
It is always good to take help from others. Swallow the pride and get some help.
MEET OUR TEAM
We are the best!
When life knocks you down, rise up and grow tall enough that it can only touch your feet. That is what we teach here at Fail Faire. It is always good to take a second chance.
All of us, who are here to support you, have faced a lot of failures. That is the reason why we are able to help you out. Remember a failure story is always deep and better inspiring.
Learning From Failure
What was the project?
First understand what is the project all about and what were its objectives.
What were you trying to do?
Second, try to figure out what is the real aim of the project and what will you achieve out of it.
What was the fail/where did it go wrong?
Figure out the mistakes that were a part of the projects and try to eliminate them the second time.
What would you do differently next time (or never do again!)?
Think about the changes that you would love to incorporate if you did it the second time.
We all want every venture and every project we lay hands on to succeed and achieve the goal that we set out for them. But that will only happen in a perfect world where schedules are followed to the dot and there are no random constraints on budget. Because of these basic problems there are various occasions where projects fail and some which barely meet the outcomes but not enough to please us. The quality of the project is as important as the budget and schedule maintenance and all three parameters have to be met.
Early signs can help in predicting if a project will fail or not. There might be signs of disorganization and problems which in the worst times, spiral out of control and lead to immediate failure. All the members of a team must work in unison and if they work separately where each one has no idea of what the other members are doing, then there is an obvious lacking in the dynamics of the project. There are times when the team starts arguing and blaming each other for different types of problems that may arise during the course of completion of a project, such situations also need to be dealt with immediately and effectively, barring which a project will not deliver the desired outcome.
There are a few things which are most definitely the cause of failure in projects:
- Poor management of the project
- Improper definition of the objectives to be met and goals to be reached
- Management may be lacking in commitment to the project
- Absence of a solid plan for the project
- The inputs from the team members may be lacking
- The organisers may not support the project to the level that it needs
- Absence of project risk needs to be preserved by proactive management
- Insufficient managerial efforts for budget resources
- There could arise conflicts between stakeholders
- The requirements need to be active and inspiring and an absence of that causes failure
- Priorities conflicting
- Politics within business can cause shift of focus
- Incorrect or insufficient division of responsibilities among the team
- Timeframes not planned according to the deliverables given to finish
- Project portfolio management not taken care of
- Poor decision making under pressure
- Improper processes to gauge the outcomes
- Errors present in costing and scheduling
- Funding and personnel resources may not be sufficient
- An excess of costs
- Weaknesses within the team members
- Inability to meet the expectations of the final user
- No change in control even when problems are detected
Correct management plays a major role in making sure that the project can be delivered on time and has the quality that the working members want it to reflect. It needs to outshine and actually depict the hard work and time that went into it.
There is always a possibility attached when you start a venture. That is what makes it challenging and risky but exciting at the same time. Once you start facing such hurdles, the first instinct is to fight against all odds and save the project. But a smart man should know when is the right time to attempt at saving a project and when is the ultimate time after which you need to pull the plug. There are times when recovery is an available choice but there are times when you have to kill the project and the ability to gauge that is what sets great people apart.
Is recovery even possible?
There are times when internal or even external changes have repercussions on the dynamics of the project. There are developments which may have affected the project in the negative sense and hurt its framework, cutting back the goal delivery time. There is a redesign possible at this stage. There might also be times when you realize that the initial goal you set out to achieve might just be too out of the world. There is no shame in cutting it down to size to a more attainable and realistic level. There could also be cracks within the team who are responsible for a project and there has to be a threshold up to the original members may be retained beyond which there has to be a change in members who function better within each other. If we realize that the project is way beyond schedule, then there should be efforts taken in order to plan out the problems and introspect on what may have caused them in the first place. If the team members or manager are unable to spot the problems, it is a good idea to seek the help of an outsider to spot the differences that arise.
Why do projects fail?
You might get an idea of the success and failure of a project from the get go. If a project has wavering objectives and lacks the presence of strong executives behind it, there are chances of it going south. It is smart not to broaden the objectives and to keep the finished product as a clear goal. There is a proven and noted 43 percent success likelihood of projects which follow these paths. We get the signs of failure early on and still keep avoiding them until they become fatal for the project. A project which does not reach the milestones that it is at different levels will land in soup. There should be a certain schedule that must be followed and projects with executives lacking the skill to manage that schedule are on the verge of failure.
We are here to help You out!
Feel free to call us any time you want to. We are here 24/7