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The number of enterprise projects that fail to deliver on the business value expected is cause for concern. Many go over budget, miss objectives, fail outright, or get replaced within a year. On average, large IT projects run 45% over budget and 7% over time, while delivering 56% less value than expected, according to McKinsey & Company research.
Such disappointing statistics surely suggest that there’s something wrong in our approach. Perhaps the way we do projects is backwards.
This white paper examines the current approach and a dynamic, new approach that is helping leading organizations to:
- Dramatically increase speed and efficiency
- Achieve greater innovation and agility
- Gain a killer competitive advantage