“PMP Certification: Your Gateway to High Paying Project Manager Jobs” on TechGig, July 6, 2018.
t is no hidden secret that Project Failure rates are quite high in the IT sector. There are a wide variety of reasons why projects fail to deliver on mutually agreed upon expectations, let alone exceed them.
Here are some incredible statistics as revealed in a blog by Project Management expert Alan Zucker:
- 29% of projects “succeed” in delivering the desired functionality, on time and on budget.
- 48% of projects are “challenged” and do not meet scope, time, or budget expectations.
- 23% of projects “fail” and are cancelled.