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A small initial increase in time and budget -
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A never ending stream of reasons for cost overruns and delays as people cover up their mistakes.
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They blame others and do not accept responsibility themselves. They fail to take corrective action.
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An impending profit warning with more novel excuses (and it’s still someone else’s fault).
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Serious under-
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The project is 90% complete but a new unexpected problem has just been encountered .
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Costs are now 3-
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The crisis deepens and management is now aware of a cover-
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There is a critical plant or product failure, a massive loss, a huge project overrun.
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Revenue has crashed by up to 80%.
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A major PR disaster is looming.
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clear objectives and deliverables
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positive leadership with single point responsibility and accountability and teamwork
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direct communications, motivation and delegation
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clear values and processes
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a robust action plan
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a budget and strong financial controls.
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