Success (or lack of it) in IT Projects

We have billions of ┬ús being spent in IT projects, but an Axelos report suggests that 40% of these are on course to fail – so what do we need to do to improve the odds of success.

They’ve identified the main issues as:

  • significant changes to the project brief (45 per cent);
  • unrealistic timeframes (41 per cent);
  • an incomplete understanding of the risks (48 per cent);
  • projects not resourced with the right people (42 per cent);
  • lack of a clearly defined goals (49 per cent), and
  • overrun budgets (32 per cent)

But note, Axelos was set up to develop, manage and operate qualifications in project management methodology – so maybe a bit of vested interest in pushing for greater structure to project management.

see also:

Project management is key to driving business success