Abstract
M.Ing.
It is of cardinal importance to accept that failure is a fundamental part of every day life. The difference is however, that one does not only need to learn from ones own failures, but also from others’ failures. This is similar to the situation of not working harder, but working smarter. There are several factors within the project environment that can cause a project to fail, but once these factors have been identified the project manager can implement “preventive maintenance” to ensure that these factors do not affect the project. Further investigations on a recently failed project and questionnaires set-up by the author confirm the factors contributing to project failure as discussed in the literature case study. One way to manage these factors is by means of proper project management and risk management, which is a sub-set of project management. This dissertation highlights certain problem areas that can hinder project success and provides recommendations to achieve project success.