ØCorporate
America spends more than $275 billion each year on approximately
200,000 application software projects.
ü31.1% of projects will be canceled before they ever get
completed.
ü52.7% of projects will cost 189% of their original
estimates
ü16.2% for software projects that are completed on-time and
on-budget.
ü 9% of [large
company] projects come in on-time and on-budget.
üProjects
completed by the largest American companies have only approximately
42% of the originally-proposed features and functions
Ø“…
most will fail for lack of skilled project management”
Ø‘
I’m sick and tired of getting 60% functionality, on time, at twice
the original cost ! ’ Lt.Col. USAF