Failure to launch? Counting down to project success; Part 2
Conclusion: Recent Standish Group research1 has shown that project failure rates for IT-based projects have risen since from 19% in 2006 to 24% in 2009. Running projects successfully has become more challenging in recent times as the lingering effects of the GFC tempt project participants to cut corners. Strengthening methodology observance and project governance arrangements may result in some improvements in success rates. However, IBRS believes that greater benefit can be achieved by transcending such mechanistic approaches. We advise a holistic re-examination of candidate projects using our 6C2 approach, then re-configuring those projects where necessary to improve their chances of success.