Managing Project Difficulties and Exit Strategies

Posted: 13/03/2025

Digital transformation projects often encounter delays, disputes, and unexpected challenges, many of which stem from misaligned expectations, unclear deliverables, and inadequate contractual protections. In this episode, Joanne Vengadesan and Phillip D’Costa explore the common pitfalls businesses face, particularly in data migration, change management, and project implementation. They discuss the importance of maintaining flexibility in contracts, ensuring clear definitions of in-scope vs. out-of-scope work, and having mechanisms in place to manage disputes before they escalate. Exiting a failing project requires careful navigation of termination clauses, liability limitations, and potential claims for wrongful termination, making it essential to have a well-defined exit strategy from the outset. This episode provides expert legal guidance on managing project difficulties while minimising legal and financial risks.