The substantial investments that businesses make every year
in new technology projects should be objectively related to
their business strategy. However, up to 40% of new technology
projects do not deliver their promised key benefits; even
more are late, over budget, or both.
Every IT project exposes an organisation to significant financial,
operational and competitive risk, yet few are subject to a
formal process which reduces these risks. Not surprisingly,
shareholders are increasingly questioning the effectiveness
of IT project governance processes.
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