Posts Tagged ‘Research’

Project Management in Standish Group Research

Thursday, October 8th, 2009

Recently, I was searching for some current researches and statistics about poject managment in general. What I found made me really suprised and disapointed as well. Below, Im publishing released in April 2009 report made by Standish Group, titled “CHAOS Summary 2009″.

In the “CHAOS Summary 2009″ report The Standish Group has re-examined 10 of the CHAOS Success Factors. Each Success factor is supported by one of the Laws of CHAOS.

This year’s results show a marked decrease in project success rates, with 32% of all projects succeeding which are delivered on time, on budget, with required features and functions,” says Jim Johnson, chairman of The Standish Group.

44% were challenged which are late, over budget, and/or with less than the required features and functions and 24% failed which are cancelled prior to completion or delivered and never used.”- he continued.

“These numbers represent a downtick in the success rates from the previous study, as well as a significant increase in the number of failures,” says Jim Crear, Standish Group CIO. “They are at the lowest point in the last five study periods. This year’s results represent the highest failure rate in over a decade.”

What’s the reason of project’s failure? Does it only depend on employing unexperienced PMs, who learn from their mistakes? Or maybe, searching for more and more developed solutions causes project defeat? We can multiply causes, but it’s important to shed some positive light on this case- project management as a part of science exist only 40 years so process of exploring and even creating this knowledge will take some time.
Fortfying idea is that, we can take part in this process by building effective tools which can protect us from such results in next year…

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