Reports about failed projects are not seldom. Everyone has heard it once, millions must be added, project planning horizons be extended or even whole projects be rolled back. Projects, which are processed in time, budget, scope and quality, are seldom.
On average 6.4% of their GDP countries apply for information and communication technologies. 43% of this sum fall upon hardware, software and services. Different surveys estimate the cost for failed projects to 6 trillion Dollar annually.*
System failures or faulty project handling soon become very expensive for corporations. Not to mention the damage to one‘s image.
THE PROBLEMS IN PROJECT DEVELOPMENT ARE COMPLEX:
- Misunderstandings by ambiguous requirements
- Conflicts due to vague tasks
- Unclear objectives
- Wrong project team allocation
- Lacking risk management
- Insufficient quality assurance
- Missing technical know-how
- Insufficient regard of initial situation
- Lacking involvement of users
Relief comes with a structured and planned quality management! > Solution
* http://simplearchitectures.blogspot.de/2009/09/cost-of-it-failure.htm