The assignment content highlights various factors that contribute to project failure. These include poor leadership, cultural differences among team members, wrong budget estimates, and inadequate planning. The consequences of project failure are far-reaching, including extra costs, failure to meet business or organization requirements, and hindering innovation capabilities. The analysis suggests that ineffective leadership and lack of cooperation among team members can lead to gradual project failure. Budgetary considerations are crucial for project success, and the failure to manage cultural differences can have negative impacts on the morale of the project team and overall project outcomes. Therefore, understanding the root causes of project failure is essential for improving project management practices.