Crises During Project Execution

We should learn from mistakes and, if possible, not repeat them. This presupposes that mistakes made are recognized as such, documented, evaluated, and ways found to make the findings available to future project staff, and above all to the decision-makers. However, this is often neglected. The failure is usually justified by “short time” and “a lack of budget.” A lot of know-how is lost as a result and the cycle begins again—mistakes made are repeated. It is important that companies make it their duty to review what went well and what did not go so well after the completion of a project. As a further measure, project managers should report on the project status, problems, and lessons learned at regular intervals during project implementation.