Project Management Insights: Too Many IT Projects Fail

November 13, 2007 from Raven's Brain: Project Management

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Jack Vinson has an interesting post on project failure in the IT world: How many of your IT projects fail? Too many. Here's an excerpt with some interesting tidbits:

Here are some of the highlights from this Communications of the ACM article:

  • Any more than one change in project management leadership or sponsorship leads to a greater than 50% risk of under-performance.
  • Risk of under-performance is closely correlated to effort (person-months).
  • Risk of under-performance isn't correlated to project budget, and there is minimal correlation to duration.  Team size was only important for very large teams (in this study 20 FTE's is large).
  • Regressing the volatility data with the size data, they shows a correlation between changes in project manager and schedule (longer), budget (higher), and scope (less).
  • Of the studied projects, they found that 25% of project fail along many different axes.
  • Survey respondents were fairly experienced: 9 years as a project manager.

Read more here: http://blog.jackvinson.com/archives/2007/11/12/how_many_of_your_it_projects_fail_too_many.html

Some great info on an important project management topic. You can argue about numbers of projects that failed but it's obvious that too many projects are still failing. At least the subject is gaining more exposure and is no longer something swept under the rug.

Related reading:
==5 Main Reasons Projects Fail
==PM Insights: IT Project Death-Spiral
==Project Management Insights: The Post Mortem
==PRE-Mortems help you plan ahead for failure
==Interesting IT Project Management Trends and Stats
==Technology Project Management: Top 10 Lessons for I.T. Project Success

posted by Raven Young at Raven's Brain under Project Management

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This article is syndicated from Raven's Brain: Project Management . The original article is available here. Read more in Project Management News, Raven's Brain: Project Management .

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