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Did you know that your IT Project will probably go over budget, miss the target date, or underperform its original intention?
Look at these statistics:
- McKinsey: Half of large IT projects ($15 million or more) go over budget by 45% on average.
- Harvard Business Review: One in six IT projects has an average cost overrun of 200%.
- Strategy+business: 91.5% of projects go over budget, over schedule, or both.
If that doesn’t worry you enough, here is some additional sobering news:
- Only 0.5% of IT projects meet all three measures of success: completed within budget, on time, and deliver the intended benefits.
- Projects that fail to meet one or more measures of success exceed their budgets by 75% on average.
- 17% of failed projects threaten the survival of the business.
Here are some projects I am proud of:
What kind of art projects can I help you with
I enjoy Woodworking, painting, and stained glass projects. What a great way to temper the harshness of a mostly technical profession!
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