When projects fail to adequately meet requirements, organizations are forced to either abandon the project or to initiate a new project
to address the original project requirements.
Because the organization already has experience with and exposure to many project details,
it is possible that the second attempt to address
the original requirements (a rework project) will
create different challenges for the project team.
The purpose of this study was to examine risk
indicators for rework projects and to determine
whether or not risk indicators were the same
or different for rework projects. A risk indicator
is a factor that has predictive power about the
likelihood of a risk occurring in the course of a
project’s life cycle. The projects studied for this
research were undertaken by a large engineering design organization. The results show that
there are some important differences in the
types of risk indicators experienced by project
managers and project teams in rework projects.
Specifically, the risks associated with project
urgency, quality, and technological changes
were more common in rework projects. By
understanding and attending to these differences in rework project risks, project managers
will be better equipped to successfully guide
rework projects to completion