IT Management Slideshow: Why IT Projects Fail

By Dennis McCafferty  |  Posted 06-10-2010

Why IT Projects Fail

$63 billion is the amount of money spent on IT projects that fail in the U.S.

Why IT Projects Fail

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Only 32 percent of IT projects are considered successful, according to The Standish Group.

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Nearly one in four projects are outright failures, up from about one in five before the recession.

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Not all projects simply die. Missed deadlines, blown budgets, and end products with inadequate features and functions count, too.

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Key Cause of Failure: Lack of User InvolvementUsers must be part of project from beginning to end.

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Key Cause of Failure: Unrealistic TimetablesPressure for fast delivery leads to missed deadlines and/or inferior results.

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Key Cause of Failure: Poor RequirementsDevelopers struggle when specifications are vague, forcing them to provide what they think is needed.

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Key Cause of Failure: Scope creepWhen projects take add requirements on the fly, deadlines and resources often are not properly adjusted accordingly.

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Key Cause of Failure:Lack of Executive SupportProject managers need executive muscle problems are encountered.

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Key Cause of Failure: Poor TestingInadequately-trained users don't know what to look for; testing objectives must be clear.

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