Why Do Projects Fail?

Bent Flyvbjerg and Alexander Budzier, 2015, "Why Do Projects Fail?", Project Magazine, Summer.

2 Pages Posted: 26 Jan 2016

See all articles by Alexander Budzier

Alexander Budzier

University of Oxford - Saïd Business School

Bent Flyvbjerg

University of Oxford - Said Business School

Date Written: 2015

Abstract

Our research documents that projects across industries and geographies struggle to meet the most basic targets. Nine out of ten transport projects, six out of ten energy projects, seven out of ten dams, five out of ten technology projects, and ten out of ten Olympics do not meet their cost targets. Most strikingly, this trend has been constant, with no improvement over the past century. Why?

Keywords: project management, project planning, planning, management

Suggested Citation

Budzier, Alexander and Flyvbjerg, Bent, Why Do Projects Fail? (2015). Bent Flyvbjerg and Alexander Budzier, 2015, "Why Do Projects Fail?", Project Magazine, Summer.. Available at SSRN: https://ssrn.com/abstract=2722475

Alexander Budzier

University of Oxford - Saïd Business School ( email )

Park End Street
Oxford, OX1 1HP
Great Britain

Bent Flyvbjerg (Contact Author)

University of Oxford - Said Business School ( email )

Park End Street
Oxford, OX1 1HP
Great Britain

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