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One time when an innovation idea results into a business model common project management skills are in demand. According to a study of PM Solutions 37 % of IT projects fail.

Among the main barriers the following three things are mentioned:

  1. Requirements: Unclear, lack of agreement, lack of priority, contradictory, ambiguous, imprecise.
  2. Resources: Lack of resources, resource conflicts, turnover of key resources, poor planning.
  3. Schedules: Too tight, unrealistic, overly optimistic.

Reading this you may say: “That’s not a mystery. You can learn this in a basic project management training.” But still these problems are part of daily business. I also experience this regularly.

As so often the solution sounds quite easy but the implementation seams to be pretty hard … that’s in fact the same thing with innovation barriers.

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