As described in the text, which of the following statements about runaway or failed IT projects is NOT true?
A) Large software projects on average run 33 percent over schedule.
B) Large software projects on average run 66 percent over budget.
C) 50% of businesses have experienced IT project failure in the last year.
D) IT projects often fail because they lack sufficient computing capacity.
E) One study found that private sector projects underestimate costs and time required by half.
D. IT projects often fail because they lack sufficient computing capacity.
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Indicate whether the statement is true or false
Lavon has his money invested into an asset that has averaged the following returns the last three years: +22%, -8%, +13%. Most likely what type of asset is he invested in?
A) Corporate bonds B) Income producing real estate C) Gold coins D) Common stock