Why Projects Fail – Lack of Common Sense
The failure rate of IT projects is a concern for any new project. Unfortunately, this is a valid concern when you consider the failure rate is around 25% across all projects. Small projects are more likely to succeed. However, one in five is still likely to end in failure. The cost of failure can be substantial. Although the dollar amount for small projects may be less, the impact to the business can still be crippling. It is not uncommon for …