1. 70 % of tasks fail. 2. The failure of IT costs the U.
S. economic climate about $50 $150 billion annually. 3. Just 40 percent of tasks at IBM meet the manufacturer’s three key goals schedule, budget, and great. 4.
Three quartes of projects fail as a result of senior management doesn’t get entangled. 5. 17 percent of IT initiatives go so badly, they threaten the life of the company. 6. 80 % of “high appearing” projects are led by a licensed assignment supervisor. 7.
Only 2. 5 percent of businesses effectively comprehensive 100 percent of their projects. 8. 57 % of projects fail due to breakdown in communications. 9. 77 percent of high acting agencies understand the cost of assignment control.
40 % of low appearing agencies understand the cost of task control. 10. The failure rate of projects with budgets over $1M is 50 percent higher than the failure rate of projects with budgets below $350,000. 11. 44 % of assignment managers do not use task control application, although Price Waterhouse Coopers concluded that using PM software raises performance. 13.
Project achievement rates are rising. Organizations today are losing an average of US$97 million for every US$1 billion invested. That’s a big 20 percent decline from last year’s findings. 14. 49 percent of companies have a task control education program in place.
15. A majority 56 % of corporations have only used one project management system. 16. 17 % of huge IT tasks go so badly that they can threaten the very life of the brand. 17. One estimate of IT failure rates is among 5 percent and 15 %, which represents a lack of $50 billion to $150 billion per year in the USA.
18. Just 42 % of enterprises report having high alignment of projects to organizational approach. This lack of alignment of projects surely contributes to the surpriseing result that just about one half of all strategic initiativrd 44 % are mentioned as unsuccessful. 19. 75 percent of respondents lack self assurance in assignment achievement. Fuzzy enterprise goals, out of sync stakeholders, and excessive rework are key culprits.
20. Only 26 percent of all projects succeed. 21. The average overrun was 27 percent, but one in six projects had a cost overrun of 200% on common ad a time table overrun of almost 70 percent.
