Why Projects Fail and How to Turn Them Around

Most business owners think a failing project is a people problem. Richard Broo says it usually starts earlier, with scope nobody nailed down and a CEO and a team who never agreed on what "done" means.  Richard has spent more than four decades as the executive companies call when a plant, product launch, or whole business unit goes sideways, including years at General Electric. He is the founder of True North PMP Consulting and a fractional COO for small and mid-sized manufacturers and industrial companies.  In this conversation with David Carr, Richard explains:Why only about 31 percent of projects finish on budget, on time, with every deliverableHow a signed, living scope document with "in spec" and "out of spec" lists prevents scope creepWhy tribal knowledge and mentorship are a competitive advantage, and how the Hedwin turnaround proved itThe early warning signs to watch: alignment, finances, schedule, and riskHis step-by-step turnaround process and three questions every owner should ask before the next project  If you have ever wondered what hesitating on outside help is really costing you, this one is for you.  Connect with Richard Broo:Website: https://www.truenorthpmpconsulting.com/ LinkedIn: https://www.linkedin.com/in/richardbrooBecome a supporter of this podcast: https://www.spreaker.com/podcast/business-roundtable--6049255/support.Connect with Steward Your Business:Book a Leadership Clarity Call: https://calendar.stewardyourbusiness.com/ccCall: +1 909.404.9865Website: https://stewardyourbusiness.comLinkedIn: https://www.linkedin.com/in/davidwcarrWatch more episodes  and subscribe on YouTube:https://www.youtube.com/@steward_your_business