Edgewater Consulting blends advisory expertise withtechnical services to create new digital business models
A recent article in the Harvard Business Review highlighted some alarming statistics on project failures. IT projects were overrunning their budgets by an average of 27%, but the real shocker was that one in six of these projects was over by 200% on average. They dubbed these epic failures the “black swans” of the project portfolio.
The article ends with some excellent advice on avoiding the black swan phenomenon, but the recommendations focus on two areas:
We would like to add to this list a set of “big project readiness” tasks that offer additional prevention of your next big IT project becoming a black swan.
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