Project portfolio management
- Objectives and benefits not clearly defined
- Projects selected on the basis of available funding from vested interests
- Projects selected on the basis of financial targets rather than priorities and benefits
- Overemphasis on financial targets to the exclusion of social, cultural and environmental impacts
- Failure to accurately assess financing and resource requirements, thus endangering the whole portfolio due to over-commitment
- Promotion of "pet projects" by influential individuals possibly for direct or indirect personal gain
- Long delays in processing and approval of individual projects
- Perpetuation of projects that are no longer warranted or sufficiently beneficial