Why Most Projects Fail—and How to Achieve Better Outcomes artwork
HBR On Leadership

Why Most Projects Fail—and How to Achieve Better Outcomes

Feb 18, 2026 · 25 min

Companies of every size in every industry and part of the world are basing more of their work around projects. And yet research shows that nearly two-thirds of those efforts fail. Antonio Nieto-Rodriguez, who has studied projects and project management for decades, explains how we can do better. He offers advice on the right way to frame projects, how to structure organizations around them, and pi…