tag:blogger.com,1999:blog-13351551.post111768331879772329..comments2023-10-09T08:32:29.623-07:00Comments on Annals of Project Management: ASatish Nagarajanhttp://www.blogger.com/profile/17531931572078885382noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-13351551.post-1117765622811486832005-06-02T19:27:00.000-07:002005-06-02T19:27:00.000-07:00You are correct. Too many projects are started wi...You are correct. Too many projects are started with no documented business case. In other cases the business case more closely resembles bad fiction than a conservative realistic well socialized plan. <BR/><BR/>I would go so far as to say, show me the process that was used to develop a project's business case and I will tell you with high level of accuracy the future of the project.Satish Nagarajanhttps://www.blogger.com/profile/17531931572078885382noreply@blogger.comtag:blogger.com,1999:blog-13351551.post-1117725942457613412005-06-02T08:25:00.000-07:002005-06-02T08:25:00.000-07:00The principal reason why many projects fail to be ...The principal reason why many projects fail to be completed on time or to deliver their declared objectives is the high input of an ingredient called, euphemistically, "wishful thinking" that goes into them at the very conceptual stage itself. I know one fertilizer factory in India which was established two decades ago and still employs nearly 1300 engineers and technicians on full payroll but has not produced a single kilogram of the fertilizer so far. And, no one has the guts to close down the damned thing!<BR/><BR/>Any one who is interested in delving into this saga of mis-planned, mis-directed and mis-managed project planning and execution may log on to http://www.thehindubusinessline.com/bline/2002/03/09/stories/2002030901350400.htm and, for more juicy stuff, to http://in.news.yahoo.com/050503/43/5yeo1.html.Anonymousnoreply@blogger.com