CIO.com cites a Dynamic Markets survey of 800 IT managers, reporting that 62 percent of IT projects fail to meet their schedules.
49 percent suffered budget overruns
47 percent had higher-than-expected maintenance costs, and
41 percent failed to deliver the expected business value and ROI
Researchers at the Ken Blanchard Companies found that 70% of change initiatives fail or get derailed
The PricewaterhouseCoopers survey on Current Program and Project Management Practices reports that 50% of all change initiatives fail.
20% determine project success based on the satisfaction of their stakeholders, 19% on on-time delivery, 18% on budget, 17% on the delivery of benefits, 15% on quality, 9% on acceptable ROI and 2% on other factors.
70% of ERP project fail
70% of Supply Chain Management projects fail
Fewer than 10% of projects in large corporations are delivered with the functionality specified at the beginning
Over 30% of web development teams deliver projects late or over-budget, according to a survey commissioned by Ruby development shop, New Bamboo. According to the report:
5% were unable to confirm the final cost of their web development project
21% fail to meet stakeholder requirements
Nearly a third of web based projects (31%) were not delivered within the agreed timescales