Why do IT projects fail?

Corporate America spends more than $275 billion each year on approximately 200,000 application software development projects. A great many of these projects will fail.
Successful
26% 		Failed
28% 		Challenged
46%

26% Successful 
The project is completed on time and on budget, with all features as originally specified.

28% Failed 
The project is canceled before completion.

46% Challenged 
The project is completed and operational, but over budget, over time estimated, 
and with fewer features and functions than initially specified.
Source: Standish Group


Artech has 100% Success for anticipated return on investment

A successful project today must not only automate process but also improve business value, customer service, competitive advantage, and/or time to market, which produces a measurable impact on the bottom line through qualitative and quantitative benefits.

 

TOP TEN CAUSES FOR CHALLENGED OR CANCELED IT PROJECTS

  1. Lack of user representation
  2. Incomplete requirements
  3. Changing requirements
  4. Lack of executive support
  5. Lack of resources
  6. Unrealistic expectations
  7. Unclear objectives
  8. Unrealistic timeframes
  9. Technology incompetence
  10. New technology

Which best describes 
the project you are 
considering?
A New Approach For Success
  • Think Big
  • Start Small
  • Build for Scale

 

 

Interdependent Factors

SPEED
 RISK

Deployment must outpace business cycles
Minimize technical complexities

Deliverables on-time, on-budget
Deliver specified functionality
COST
 QUALITY

Business driven, growth-oriented solutions
Phased delivery approach

Open scalable systems
Methodology driven solutions
 

Numerator - Boost productivity through innovation, differentiation and superior customer service

Denominator - Reduce operational costs and shorten development cycles