Trends: “New research into IT project failures”… Yes, they keep on failing…

New research into IT project failures
Click title to read rest of article at ZDNet.com…

Michael Krigsman
September 26th, 2007

Computer Associates has released a study into the causes of IT project failures. Although full results have not been released publicly, I did obtain the detailed slides, some of which are presented below. From the press release:

New research from CA, conducted by independent research company Loudhouse of 100 IT Directors across the UK and Ireland, reveals that poor visibility of IT project status and a lack of management control over them is costing the UK over a quarter of a billion pounds each year. A third of all projects implemented each year end up over budget with the typical over-spend between 10% and 20% of the original budget. The survey also highlighted the increased complexity of IT projects, with a typical company running 29 projects at any one time and an average IT budget of between £1m and £5m.