IT Project Failure

Introduction IT project portfolio management is a crucial process that enables organizations to manage and optimize their IT projects to achieve strategic goals. However, despite its importance, many organizations struggle to implement effective IT project portfolio management, leading to project failures and wasted resources. According to a study by PMI, 70% of organizations report having significant issues with their project portfolio management practices, resulting in average losses of 13% of project value. ...

Introduction IT project management is a complex and challenging field that requires a deep understanding of technology, business, and people. Despite the best efforts of IT project managers, projects can still fail, and the consequences can be severe. According to a study by the Project Management Institute (PMI), 14% of IT projects are deemed failures, with 31% of projects not meeting their original goals (PMI, 2020). In this blog post, we will explore the lessons that can be learned from failed IT projects and how these lessons can be applied to future projects to ensure success. ...