Why Do IT Project Fail?
Corporate America spends hundreds of billions of dollars each year on application software development projects. And local, state, and the federal government chip in too. Given the time, money, and effort involved in theses project, one can only assume that the majority of these projects yield positive results. Not so, according to studies published by the Standish Group.
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.
TOP TEN CAUSES FOR CHALLENGED OR CANCELED IT PROJECTS
Lack of user representation
Lack of executive support
Lack of resources
Which best describes
the project you are
Why Artech Projects are Successful
Think Big, Start Small, Build for Scale
A successful project today must not only automate processes 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.
Numerator: Boost productivity through innovation, differentiation and superior customer service
Denominator: Reduce operational costs and shorten development cycles