for the Party Planning/Events Planning Industry for the Party Planning/Events Planning Industry
Rate of Failure
I work in the party planning/events planning industry. Although there is currently no survey data that pertains to the project failure rate in the events planning industry, a study conducted by KPMG in New Zealand showed that of the 100 businesses that were surveyed across various industries, seventy percent of the companies have suffered from at least one project failure within the previous year (ONE News, 2010).
Causes of Failure
Some of the causes of project failure in the events planning industry include the lack of management commitment (Gerson, 2012). ...