IT Management ARCHIV

There are various reasons why projects fail. It could simply be the result of insufficient project requirements, high complexity, unrealistic project expectations, even poor leadership, among many others. What many Project Managers (PM) underestimate is the social factor in project management—an inherent risk to any project.

The comparison with projects in other industries shows that IT projects are increasingly failing and are being cancelled. Or they end, but are over deadline or budget. According to an international study by the Standish Group, representatives of large companies in DACH, UK and North America stated that 84% of the projects would not be completed or fail in line with deadlines or budgets.

The ever-increasing amount of data is becoming a major challenge for our companies. The variety of data ranges from employee and customer information to complex scientific data—data that impacts decisions and strategic business movements.

SCRUM has been made an everyday term by Jeff Sutherland and you are often confronted with it. Certain elements from SCRUM, such as the Kanban Board and the daily standup meetings, were very well received – even outside of IT.

The comparison with projects in other industries shows that IT projects are increasingly failing and are being cancelled. Or they end, but are over deadline or budget. According to an international study by the Standish Group, representatives of large companies in DACH, UK and North America stated that 84% of the projects would not be completed or fail in line with deadlines or budgets. Of these 84%, 53% are over the given time and budget or do not include all promised functionalities. 31% of projects either fail or are no longer pursued. Only 16% of all projects were delivered as promised.