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Project Failure Rates

Posted by phdblogmeister on November 19, 2007

Consider this:

  1. On average, about 70 percent of all IT-related projects fail to meet their objectives
  2. Nearly half of respondents reported at least one project failure in the past year
  3. Steve Ballmer (CEO of Microsoft) stated 35% of IT projects fail
  4. 35% of all requirements change within the duration of any given project

References

http://www.infoworld.com/articles/op/xml/01/10/29/011029opsurvival.html
http://www.it-cortex.com/Stat_Failure_Rate.htm
http://blogs.zdnet.com/projectfailures/?s=stating%20the%20obvious

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