We recently passed on a project that had a number of red flags attached to it - the lack of a clear plan, no success metrics, an obscure legacy system to integrate with, the absence of a resident expert for it, not enough budget, and a very tight deadline.
That got me thinking, and I am going to turn the question around. In your experience, was there one factor that successful projects had in common? Or up to three, if you can't identify one? What is the most important success factor that must be in place, or you won't touch a project?