Risk factors of project failure

Correlation of project failure

Evaluation value Y_i

Key factors

S_i

Very important

Important

General

Irrelevant

Group

Imperfect product development rules of enterprise

R₁

2

3

5

0

0.54

Unsuitable organization structure of product development

R₂

2

4

3

1

0.54

Indistinct product strategy of enterprise

R₃

1

2

5

2

0.44

Initiating

Indistinct project goal

R₄

6

3

1

0

0.7

S2

Disagreed evaluation standard of project success and failure

R₅

5

5

0

0

0.7

S3

Imperfect process of project management

R₆

3

6

1

0

0.64

S6

Indifference the project of senior management

R₇

7

3

0

0

0.74

S1

Planning

Lack of software and hardware for product development design

R₈

3

2

3

2

0.52

Lack of the software and hardware for product testing

R₉

3

3

4

0

0.58

Project stakeholder frequently change requirement

R₁₀

3

6

1

0

0.64

S7

Lack of resource invest on project

R₁₁

3

3

4

0

0.58

Lack of experienced member

R₁₂

6

2

2

0

0.68

S5

Executing

Poor implement ability of project team

R₁₃

1

8

1

0

0.6

S9

Low efficiency of team work

R₁₄

3

4

3

0

0.6

S10

Low efficiency of functional department's cooperation

R₁₅

3

3

3

1

0.56

Controlling

Poor ability of project control

R₁₆

4

4

1

1

0.62

S8

Hard to accomplish the designed product

R₁₇

2

3

4

1

0.52

High manufacturing cost of the developed product

R₁₈

3

3

4

0

0.58

Unmatched product design and project requirement

R₁₉

6

3

1

0

0.7

S4

Indifference project of project team members

R₂₀

3

2

3

2

0.52

Team members pay not enough attention due to the external effect

R₂₁

2

1

5

2

0.46