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Projects Failure Rates Increase

Published: April 28 2009, 10:48 AM
by Steve Romero

My colleague Gail Meadus just notified me of that the Standish Group's just-released its latest Chaos report, "CHAOS Summary 2009" http://www.standishgroup.com/ . The news is not good.

I am looking into obtaining a copy. In the meantime, here are some high-level points from the summary on their website.

This year's results show a marked decrease in project success rates,

  • "32% of all projects succeeding which are delivered on time, on budget, with required features and functions" says Jim Johnson, chairman of The Standish Group,
  • 44% were late, over budget, and/or with less than the required features and functions
  • 24% failed - cancelled prior to completion or delivered and never used
  • This year's results represent the highest failure rate in over a decade

I am sure I will have more to share after I read the full report.

Steven Romero, IT Governance Evanagelist

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By: Steve Romero
Steve Romero is the IT Governance Evangelist at CA Technologies, Inc. His mission is to help enterprises realize the full potential of their IT investments for strategic and competitive advantage. In this capacity, he acts as a strong advocate for the customer, speaking around the world to users, prospective...
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1 person has left a comment:

The average failure rate of the last 8 years was 18%. So 24% is huge.

Posted by: Ralph Hofman | April 28, 2009 5:45 PM

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