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With the growth of technology, people and companies are more relying on software systems. For that, we need a product/software that is trustworthy, reliable, and economical. It should be maintainable, dependable and useable. If the software is developed with much accuracy, everything is being done by it as planned and the software is set to the market then the success rate will be high. But if there is any bug in the software then not only the software will fail but it will also affect the organizations that are responsible for making it. So the failure of software also has a great impact on the organization. In this research, we are going to present a detailed and critical analysis of all those causes due to which the software fails and the factors that hinder in a project success. We will study the existing software development processes and also analyze how they can helpful in reducing these causes.