IN THESE PAGES
12 project Managers Like This
14 Mass destruction
16 Building a New africa
The repor T card for IT proj-
ects is in—and things are looking
up as companies step up their project
management maturity to better handle
scope, risk and change.
after years of abysmal failure rates,
the number of projects delivered on
time and on budget is increasing,
according to Chaos Manifesto 2011, a
new report by The Standish Group.
The survey of 10,000 projects
conducted in 2010 around the world
n 37 percent of IT projects were suc-
cessful, coming in on time and on
n 42 percent were “challenged,” arriv-
ing over budget, late, or with less-
than-required features and functions.
n 21 percent failed completely, can-
celed prior to completion or deliv-
ered but never used.
Those numbers compare favorably on all fronts to the 2008 survey
results, which showed that only 32
percent of IT projects succeeded,
while 44 percent were challenged and
24 percent failed.
The 2011 results represent the
highest success rate in the history of the
Submit news to firstname.lastname@example.org. All monetary figures are in U.S. dollars unless otherwise noted.
ILLUSTRATION BY KEITH NEGLEY
10 PM NETWORK MAY 2008 WWW.PMI.ORG
SEE THE LATEST NEWS about project, program and
portfolio management online at www.PMI.org/PMport.