Welcome back to my 21-part series on lessons learned throughout my IT project management career. Today’s topic is a tough but necessary reality—knowing when to kill a project before it drains more time and money.
By Tom Jones, IT Project Manager
Welcome back to my 21-part series on lessons learned throughout my IT project management career. Today’s topic is a tough but necessary reality—knowing when to kill a project before it drains more time and money.
Every project manager wants to deliver, but some projects aren’t worth saving. Holding on to a failing initiative due to sunk cost, executive pressure, or misplaced optimism can lead to bigger losses than shutting it down.
In today’s lesson, I’ll cover: ✅ The warning signs that a project is doomed. ✅ Why companies waste millions by refusing to cancel failing projects. ✅ How to make the tough call and shut down a project strategically. ✅ How ezRACI helps teams track risk and avoid costly mistakes.
In 2018, I was leading a massive CRM overhaul for a global retailer. The project had been running for over a year, and by all measures, it was a disaster: ❌ Blown budget – We had already spent 2x the original estimate. ❌ Never-ending scope creep – Every month, leadership requested new features. ❌ Low stakeholder buy-in – End users weren’t adopting the new system. ❌ Missed deadlines – After 14 months, we were nowhere near a viable launch.
But the leadership team refused to kill it.
“We’ve already spent too much to stop now.”
“We just need a few more months.”
“The next phase will fix everything.”
Six months later, the project was finally canceled—after another $3M had been burned.
Lesson learned? Sometimes, the best decision isn’t to push forward—it’s to stop before you lose even more.
❌ What happens: Market conditions change, and the original ROI no longer justifies the investment.
✅ Fix it:
Reevaluate the cost-benefit analysis every quarter.
If the business case has collapsed, recommend stopping immediately.
❌ What happens: No one is excited about the project anymore—users, sponsors, and executives are disengaged.
✅ Fix it:
Check if key stakeholders are still committed.
If support is fading, assess whether the project is still relevant.
❌ What happens: The project is so far off track that no realistic timeline exists.
✅ Fix it:
Reassess the roadmap—if you can’t define a clear finish line, it’s time to reconsider.
Get leadership’s buy-in on a realistic recovery plan—or termination.
❌ What happens: The project keeps blowing through budgets with no end in sight.
✅ Fix it:
Run a financial risk assessment.
If there’s no realistic way to deliver within a reasonable budget, it’s time to kill it.
❌ What happens: The team is frustrated, overworked, and skeptical about success.
✅ Fix it:
Talk to the team—are they confident in the project’s success?
If morale is sinking fast, it’s time for an honest discussion.
If your project fits multiple warning signs, it’s time to consider shutting it down. Here’s how to do it professionally:
Show the cost overruns, missed deadlines, and business case deterioration.
Offer hard numbers on how much more will be lost if the project continues.
Instead of a sudden shutdown, phase out work gradually.
Identify any salvageable parts (e.g., reusable code, processes, or data).
Explain why the project is ending.
Ensure teams don’t feel like they failed—sometimes projects just aren’t viable.
Capture insights on what went wrong to avoid repeating mistakes.
Use ezRACI to track project history for future reference.
Most project failures happen because no one raises the alarm soon enough. That’s why I use ezRACI to:
✅ Monitor early warning signs like cost overruns and missed milestones. ✅ Assign accountability so issues don’t get ignored. ✅ Provide transparency so leadership has the data to make tough decisions.
If your team has ever kept a failing project alive for too long, ezRACI can help you recognize when to cut your losses.
The biggest lesson I’ve learned? A project’s value isn’t in how long you fight for it—it’s in knowing when it’s time to stop.
✔️ Track the business case throughout the project. ✔️ Be honest about when a project is no longer viable. ✔️ Have a structured exit plan to minimize damage.
Next time, in Lesson 16: Surviving a Merger or Acquisition Project, I’ll share how to navigate IT projects during corporate takeovers—and avoid being caught in the crossfire.
Disclaimer: This blog is written from the perspective of Tom Jones, a fictional IT Project Manager, and is intended for informational and educational purposes. While based on real-world project management principles, all anecdotes and characters in these posts are entirely fictitious. Any resemblance to actual persons or events is purely coincidental. The blog also references ezRACI, a project management tool designed to help teams succeed in project execution. However, these opinions are solely those of the fictional character and do not constitute an official endorsement.
Tom Jones: A Veteran IT Project Manager Navigating the Complexities of Enterprise Technology
Tom Jones is a seasoned IT Project Manager with over two decades of experience leading complex enterprise technology initiatives. Based in South Florida, Tom has built a reputation as a pragmatic, results-driven leader who thrives on solving intricate business and IT challenges. His expertise spans project management, IT security, large-scale system migrations, and process optimization, making him a trusted figure in the industry.
Tom was born and raised in Pennsylvania, eventually attending Penn State University, where he earned a Bachelor of Science in Management Information Systems (MIS) in 2003. His passion for technology and business integration was evident early on, as he quickly grasped the nuances of systems architecture and project execution. His ability to bridge the gap between technical teams and business stakeholders became a defining characteristic of his career.
Tom's career began at Unilever HPC as a Systems Analyst, where he got his first taste of large-scale enterprise operations. However, he quickly sought new challenges and moved to Washington, D.C., to work as a Consultant for the Department of Defense. This experience exposed him to high-stakes, mission-critical projects where precision and security were paramount.
Over the years, Tom took on increasingly demanding roles, managing SAP migrations, IT security projects, and various large-scale initiatives across industries. His ability to navigate high-pressure environments and deliver results led him to leadership roles in project management, where he excelled in driving teams toward successful project completion.
Tom's leadership style is rooted in accountability, transparency, and strategic execution. He believes that successful project management isn't just about timelines and budgets—it’s about aligning business objectives with technology solutions while fostering a culture of collaboration and continuous improvement. His direct, no-nonsense approach has earned him the respect of peers, executives, and technical teams alike.
In recent years, Tom has expanded his expertise into entrepreneurship, co-founding ezRACI, a SaaS platform designed to streamline compliance, audit trails, and project management workflows. Recognizing the inefficiencies in traditional project management tools, he sought to develop a solution that integrates collaboration features like Slack and MS Teams, industry-specific templates, and intuitive dashboards for workload optimization. His goal with ezRACI is to help teams achieve clarity, accountability, and efficiency in their IT projects.
Beyond his professional accomplishments, Tom is a devoted husband and father of two elementary school-aged children. He enjoys spending time with his family, coaching his kids' sports teams, and keeping up with the latest industry trends. His wife, who works at the local library, shares his appreciation for continuous learning and knowledge-sharing. Together, they have built a life centered around personal growth, resilience, and community.
With over 21 years in the industry, Tom Jones remains a passionate advocate for effective project management and IT governance. Through his blog, he shares lessons learned, war stories from past projects, and insights on optimizing workflows in modern enterprises. Whether leading large IT transformations or mentoring the next generation of project managers, Tom's mission remains the same: to drive efficiency, innovation, and lasting impact in the world of enterprise technology.
As he continues to build ezRACI into a premier project management tool, Tom is committed to reshaping how teams collaborate, execute projects, and maintain compliance in an ever-evolving digital landscape.