Flexible Project Management
Source: Project Smart
Even on a smaller scale many product development projects tend be misguided in what they will achieve within the planned time frame. There are normally a number of stock excuses for such a failing. These can range from "There was an unexpected change made by the customer", "We underestimated the amount of time required" or even "We didn't understand the risks involved." In the arena of customer / supplier projects there seems to be an increasing trend to win the project and then worry about how to deliver within the cost, timing and quality later. This normally results in compromised delivery for the customer or sometimes financial losses to the supplier.