After 2 years of researching ICT projects the on-going research has been picked up by the Harvard Business Review and is on the cover of their September 2011 issue.
By now, I collected a database of nearly 1,500 IT projects – in short we argue that the numbers in the hotly debated Standish Report are wrong, but their critics don’t get it quite right either. We found that while IT projects perform reasonably well on average the risk distribution has very fat tails in which a lot of Black Swan Events hide. 1 in 6 IT projects turned into a Black Swan – an event that can take down companies and cost executives their jobs.
Enjoy the read!