What percentage of the IT project fails?
Industry-wide IT research reports, project management studies, and data from organizations like the Standish Group and McKinsey indicate that approximately 65 to 70 percent of information technology, software development, and digital transformation projects experience either partial or complete failure. While complete project cancellations occur around 20 to 30 percent of the time, the remainder are classified as partial failures due to severe budget overruns, missed delivery deadlines, or failing to meet anticipated business goals.
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