| Is your organization
losing money on failed projects?
Is your staff being underutilized?
Are you experiencing costly project overruns?
If so, then don’t feel
alone. For years, business analysts have been publishing
reports that at least 70% of all technology-related
projects are likely to be challenged or impaired,
and 20%-30% of these will fail outright. Of those
that survive, the average cost overrun will exceed
150%, schedule overruns 175%, and the deviation
from original specifications will be at least 30%.
These are conservative estimates that have been
well documented across multiple industries. In 2002
according to Microsoft:
| • |
Nearly 75% of all e-commerce projects
did not meet defined objectives
The Gartner Group |
| • |
10% of time was lost to unauthorized
activities
William Conway's "The Way we Work" |
| • |
70% of project deadlines were missed
META Group |
| • |
Staff was underutilized by 15%IDC's Professional
Services Automation Return on Investment
StudySource:
Microsoft |
Watermark offers comprehensive project management training and mentoring
to help control projects and improve their results.
Click
here to find out how. |
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