Background Summary for the IT Project Failure Issue. Created by: Venkat Sattuluri. Trade Press. The biggest reason for project failure is lack of IT governance The IT initiatives are usually implemented only in the IT departments.
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Created by: Venkat Sattuluri
The biggest reason for project failure is lack of IT governance
The IT initiatives are usually implemented only in the IT departments.
There is a lack of communication between the IT and the non IT departments.
Lack of technology awareness among the top management
Critical Chain and Risk Management
risk management is the most important factor in the success of a project
that risk management should be the primary activity in a project
Standish group’s CHAOS report first published in 1994
only 16 percent of the IT projects were successful in 1994