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I have tried the below thing and I got positive response from my current manager. Of course the other answers provided to this question also helped me to come up with this plan. I would like to share what I have tried with others also.

Usually while I was talking about my failure I have highlighted below things:

1. Explain the skillset, expertize and maturity levels required and that I had and describe the gap.
2. How much clarity that I had about the challenges and the situation in the project before joining the project.
3. How much qualitative helping hand, guidance, mentoring and inputs required from management and other teams during crisis time.
4. What I have tried to make the situation better
5. What I could have done differently
6. What I have gained and lessons learned

I have figured it out solution for my problem and tried when ever I want to talk about project failures. This seems to be giving positive results. Of course the other answers provided to this question also helped me to come up with this solution. I would like to share the solution that I am implementing with community also

Usually while I was talking about my failure I have highlighted below things:

1. Explain the skillset, expertize and maturity levels required and that I had and describe the gap.
2. How much clarity that I had about the challenges and the situation in the project before joining the project.
3. How much qualitative helping hand, guidance, mentoring and inputs required from management and other teams during crisis time.
4. What I have tried to make the situation better
5. What I could have done differently
6. What I have gained and lessons learned

I have figured out How to handle this. Of course the other answers provided to this question also helped me to come up with this plan. Usually while talking about my failure I highlight:

1. Explain the skillset, expertize and maturity levels required and that I had and describe the gap.
2. How much clarity that I had about the challenges and the situation in the project before joining the project.
3. How much qualitative helping hand, guidance, mentoring and inputs required from management and other teams during crisis time.
4. What I have tried to make the situation better
5. What I could have done differently
6. What I have gained and lessons learned

I have tried the below thing and I got positive response from my current manager. Of course the other answers provided to this question also helped me to come up with this plan. I would like to share what I have tried with others also. 

Usually while I was talking about my failure I have highlighted below things:

1. Explain the skillset, expertize and maturity levels required and that I had and describe the gap.
2. How much clarity that I had about the challenges and the situation in the project before joining the project.
3. How much qualitative helping hand, guidance, mentoring and inputs required from management and other teams during crisis time.
4. What I have tried to make the situation better
5. What I could have done differently
6. What I have gained and lessons learned

I have figured out How to handle this. Of course the other answers provided to this question also helped me to come up with this plan. Usually while talking about my failure I highlight:

1. Explain the skillset, expertize and maturity levels required and that I had and describe the gap.
2. How much clarity that I had about the challenges and the situation in the project before joining the project.
3. How much qualitative helping hand, guidance, mentoring and inputs required from management and other teams during crisis time.
4. How this project impacts other team members and stake holders along with me.
5. What I have tried to make the situation better
6. What I could have done differently
7. What I have gained and lessons learned

I have figured out How to handle this. Of course the other answers provided to this question also helped me to come up with this plan. Usually while talking about my failure I highlight:

1. Explain the skillset, expertize and maturity levels required and that I had and describe the gap.
2. How much clarity that I had about the challenges and the situation in the project before joining the project.
3. How much qualitative helping hand, guidance, mentoring and inputs required from management and other teams during crisis time.
4. What I have tried to make the situation better
5. What I could have done differently
6. What I have gained and lessons learned