Why big IT projects crash

Digital Project Management

Excellent article in the Financial Times on why software projects often fail. It really substantiates what we say to our clients.

Make realistic estimates “People always underestimate the cost of software development. Suppliers always push their prices,”

As quoted below do not just accept project failure. Let us raise the bar for project success.

“From my experience, 20 per cent of projects fail, and 40-50 per cent have a cost overrun, time overrun or don’t meet requirements. Only a third could be described as good projects.”

Take advantage of historical knowledge for reuse in your next projects.

Prof. Flyvbjerg and Mr. Budzier call for companies to forecast their costs better by comparing their projects to previous experience.

We can show you how to improve project estimates and lessen the risk of failure.

Full source: http://www.ft.com/cms/s/2/794bbb56-1f8e-11e3-8861-00144feab7de.html#axzz2hhWMfJBQ

Dennis Kayser

My name is Dennis Kayser and I’m CEO and co-founder in Forecast. I enjoy helping our customers succeed by building great and innovative software that supports teams in their daily work.

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