Worldwide Cost of IT Failure: $6.2 Trillion
January 4, 2010
Filed under Project Management Tips
Most IT professionals know that project failure is a common and serious problem in organizations of all kinds. New research attempts to quantify the extent of IT failure in the worldwide economy.
Most IT failure research seeks to determine the percentage of projects that run over-budget, are late, or do not deliver expected results. While those numbers are important, they do not convey a concrete sense of the overall cost impact created by failed IT.
Read more at IT Project Failures.
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