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> what makes governments apparently unable to get big IT projects done right? I wonder why this sentiment is never applied to big IT projects in the private se
by tstrimple 4y ago
> what makes governments apparently unable to get big IT projects done right?
I wonder why this sentiment is never applied to big IT projects in the private sector.
https://faethcoaching.com/it-project-failure-rates-facts-and-reasons/ https://faethcoaching.com/it-project-failure-rates-facts-and...
* According to the Standish Group’s Annual CHAOS 2020 report, 66% of technology projects (based on the analysis of 50,000 projects globally) end in partial or total failure. While larger projects are more prone to encountering challenges or failing altogether, even the smallest software projects fail one in ten times. Large projects are successful less than 10% of the time.
* Standish also found that 31% of US IT projects were canceled outright and the performance of 53% ‘was so worrying that they were challenged.’
* Research from McKinsey in 2020 found that 17% of large IT projects go so badly, they threaten the very existence of the company.
* BCG (2020) estimated that 70% of digital transformation efforts fall short of meeting targets. A 2020 CISQ report found the total cost of unsuccessful development projects among US firms is an estimated $260B, while the total cost of operational failures caused by poor quality software is estimated at $1.56 trillion.
I'm in the consulting world and I've been brought in at the tail end of multiple BILLION dollar boondoggle modernization efforts. These are fortune 100 companies that built their fortunes through acquisition and consolidation who have no idea how to steer their ship in any sort of effective way. In a lot of cases, we're cleaning up after other top 5 consulting firms who lead the client on while pissing away hundreds of millions of dollars. It turns out damn near everyone is bad at building large systems but only the government seems to be derided for it consistently.
- HDThoreaun 4y agoI think there's a difference between "this product doesn't make money" and "this product does not work". Amazon's alexa is a decent product that is a failure because it doesn't make money. Most failed private IT projects are this. The government isn't trying to make money. Their failed products are in the "this product does not work" category.