Studies consistently show that a significant portion of IT projects either fail completely or are late, over budget or do not deliver expected benefits. The risk of IT project failure is due in part to the conventional IT procurement process, which often requires customers to make important procurement decisions based upon incomplete and inaccurate information, and to accept the risk of project failure. An alternative approach to IT procurement can avoid unnecessary risks of project failure to the benefit of both customers and IT vendors and service providers. (...)

type Managing IT Project Failure Risk