Project Failure Rates
Posted by phdblogmeister on November 19, 2007
Consider this:
- On average, about 70 percent of all IT-related projects fail to meet their objectives
- Nearly half of respondents reported at least one project failure in the past year
- Steve Ballmer (CEO of Microsoft) stated 35% of IT projects fail
- 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