(Solved Homework): Studies of IT projects reveal that: Select one: a. initial cost estimates…

Studies of IT projects reveal that:

Select one:

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(Solved Homework): Studies of IT projects reveal that: Select one: a. initial cost estimates…
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a. initial cost estimates are exceeded by an average of 15%.

b. over 66% of IT projects delivered to customers were not used.

c. about 25% of all IT projects overshoot budgets and timetables.

d. up to 75% of software projects are cancelled.

Expert Answer

Answer is option C – about 25% of all IT projects overshoot budgets and timetables.

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