Tag: gartner

What is that one problem area if addressed will save companies a lot of money?

‘Focus on the communication skills of the staff.’

Poorly defined applications (miscommunication between business and IT) contribute to a 66% project failure rate, costing U.S. businesses at least $30 billion every year (Forrester Research)

• 60% – 80% of project failures can be attributed directly to poor requirements gathering, analysis, and management (Meta Group)
• 50% are rolled back out of production (Gartner)
• 40% of problems are found by end users (Gartner)
• 25% – 40% of all spending on projects is wasted as a result of re-work (Carnegie Mellon)
• Up to 80% of budgets are consumed fixing self-inflicted problems (Dynamic Markets Limited 2007 Study)

~From Bob Lawhorn presentation on software failure March 2010