“25 percent of technology projects fail outright; 20 to 25 percent don’t show any return on investment; and as much as 50 percent need massive reworking by the time they’re finished.”
“54 percent of IT project failures can be attributed to project management, whereas only 3 percent are attributed to technical challenges.”-Forbes Magazine
Understanding the Project Management Triple Constraint. All projects are carried out under certain constraints – traditionally, they are cost, time and scope. These three factors (commonly called “the triple constraint”)
However a major constraint seldom looked upon is PEOPLE as a resource. That constraint carries the highest importance of any project.
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