The right way of managing projects requires the right kind of team, and more importantly, the right process to be put in place. A research done on why projects fail asserts that it is a failure of process of managing than the failure of the people. The project co-ordinators simply did not know how to get things moving and especially if there were some changes mid way, there were problems in capturing the same and reflecting the reality in teh project.

What this means is that there should be a robus method of Physical Project Tracking methodology available for the project management team.

Something like what geniusproject.com offers. The software helps to capture every single bit of information in real time and does so intuitively. This helps all the people involved in the project to be on the same page and understand how the project is headed in terms of time and cost. That is the most critical step in managing the projects.