Significance of Standardized Methods to manage IT Projects successfully

It’s remarkable how often IT projects get out of control. Various studies show that more than 34% of all IT projects in the private sector fail in terms of costs, deadlines or acceptance of the final results. Especially projects regarding the implementation of documentation and management software are doomed to fail according to these surveys. Thus it’s true, that more than 30% of IT projects in the private sector cause higher costs than planned. And as the additional costs lay between 10% and 20%, we’re not talking about a few more pennies to spend.
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