Crossroads News - May 2003
The Standish Group reports that U.S. companies are wasting as much as $145 billion a year on failed IT projects. The newest statistics indicate that only nine percent (9%) of software projects complete on-time and within budget, and that almost 50% of all projects fail completely. Why do so many software projects fail? Although there are many reasons for failure, one of the most important is an ineffective project management technique or no project management at all. This month Crossroads News takes a look at how the use of proper project management techniques can help to improve your application development project.