How to Recognize Project Failures and Initiate Project Recovery – James Roessling and Shiven Sompura

This paper is to feature the importance of recognizing several causes of project failures and initiating the recovery of the construction projects at the initial stage. Project failure can happen to any organization and to any level project. There are numerous reasons for failure and sometimes it is out of control of a project manager or team members to control failure. Failed projects and people involved with the failure have few things in common. In such cases, they are directed for quick fixes which typically prove to be ineffective and sometimes causes catastrophic side effects. In this paper, we will discuss and emphasize several factors causing project failures, how to classify and categorize project failures, how to conduct, plan and develop an assessment process for project failure. With these key focus areas for assessment, project controls and management review process could be analyzed and can be selected. The study will also help to clarify the necessity and a suitable process an organization should develop to analyze project failures.

PMI Talent Triangle: Technical Project Management

The Good, the Bad, and the Ugly: Lessons Learned on CM@Risk for Owners – Stephen Pancham and Kevin Wills

This presentation will be based upon lessons learned from the management and auditing of CM@Risk projects for public owners. The lessons learned will begin with an overview of CM@Risk selection and cover the benefits and risks to owners following selection through construction to closeout. Instead of leaving the owner hanging with the lessons learned – the presentation will provide insightful solutions to manage the process so it will guide the owner and provide a check that will keep the project on the right path. Owners want to keep projects on schedule, under budget, and with high quality and the solutions provided will ensuring trust amongst the parties of the project through transparency. A unique perspective based upon lessons learned auditing public projects enhances the presentation.

PMI Talent Triangle: Technical Project Management