The document discusses various challenges that can cause project failure if not properly managed. It notes that project management is a dynamic process that utilizes organizational resources in a controlled manner to achieve strategic objectives. Some challenges discussed include scope creep, poor communication, inadequate resources, unrealistic customer expectations, lack of change management, unrealistic timelines, and failure to properly plan for risks. The document emphasizes the importance of thorough planning, clear requirements, change management processes, effective communication, and risk planning to avoid these challenges and ensure project success.