By understanding the reason and type of failure, this study would help to enhance the possibility to develop strategies from a futuristic perspective in order to solve problems related with similar kinds of projects to deal with the identified risks in a more efficient manner. Moreover, the study findings will also be beneficial to develop better project management decisions.Standard economic theory explains that the frequency of weak performance in projects is an unavoidable outcome for organisations because of their risk-taking behaviour. In any project, organisations know and accept the odds due to the reward of success. However, it is believed that project failures are best described as the outcome of incorrect rational choices (Lovallo & Kahneman, 2003). In accordance with the survey of Hughes (1986), project fails due to inappropriate basic managerial ideologies that may be identified in the form of inappropriate focus on management structure, concentration on wrong activities and poor communication of project objectives. Schultz & et. (1987) further classified project success aspects in two areas namely strategic and tactical. These two aspects affect project performance at different stages of its implementation. The strategic aspects comprise factors such as project mission, senior management support and project planning, where tactical aspects comprise factors of customer consultation, employees’ selection and training among others. Schultz & et., (1987) also found that the relative significance of success factors varies at different phases of project life cycle.Emphasising the past occurrences of project failures, Pinto & Slevin (1988) stated that most of the. Why Projects Fail In Airbus-A380 In Singapore Airline.
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