A global survey of IT projects in 212 companies in 21 countries reported the following significant findings Projects stopped before launch 30% Projects with budget overrun 40% Projects that are being delayed 50% Projects delivering real benefits 30% | Bennet p. Lientz and Lee Larssen, 2006, Risk Management for IT Projects, Routledge |
The larger the project, the smaller the chance for obtaining success. As few as 2% of big projects (more than $10 million) are realized within schedule and budget | CHAOS MANIFESTO – The laws of CHAOS and the CHAOS 100 best PM practices, 2010, The Standish Group |