All Posts

Why Big IT Projects Crash

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

 

Do you want to see a demo of how Forecast can help keeping your projects on-track; then book a personal 30 min. slot with our success team.

Dennis Kayser
ABOUT THE AUTHOR | 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.
Recent Posts

Buffer Post

This post has been published.

Read more

Smart Template for Your Statement of Work

Building your Statement of Work is the foundation for the rest of your project. It's also the sales proposal, or at least it should be, since it will ...

Read more

Forecast is Nominated for the Nordic Startup Awards 2018

We're honored! Honored to be elected as a nominee for the Nordic Startup Awards 2018 in the category, Best AI/Machine Learning Startup. 🙌 Many great ...

Read more

9 Steps to Plan Your Way Out of Scope Creep

Scope creep, one of the real challenges when managing a project. Often it hits you with a sneak attack, and before you know if it, your project is off...

Read more