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FreXxX
04:49

Standish Chaos Reports:  Standish is probably the most referenced.  They define success as projects on budget, of cost, and with expected functionality.  There are several updates to the Standish “Chaos” reports. The 2004 report shows:

  • Successful Projects: 29%
  • Canceled projects cost $55 Billion Annually?
  • Challenged Projects: 53%
  • Failed Projects: 18%
Standish Findings By Year Updated for 2009 1994 1996 1998 2000 2002 2004 2009 Succeeded 16% 27% 26% 28% 34% 29% 32% Failed 31% 40% 28% 23% 15% 18% 24% Challenged 53% 33% 46% 49% 51% 53% 44%
Software Project Failure Costs Billions.. Better Estimation & Planning Can Help : Project Planning & Estimation

Sad truth.
Reposted bycoloredgrayscale coloredgrayscale

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