According to Gibson, why do IT projects fail?
What will be an ideal response?
Because many IT projects do not overcome either technical or business risk.
Technical risks might be a vendor package not scaling up as expected or the project's scope creeping so much that the project becomes too complex to implement. Although technical risks cannot always be anticipated, they can be contained with the right technical corrections.
Business risk, is the risk that the business does not change properly to use the new system. Business change is necessary to achieve business results from IT. Lack of business change can come from the appropriate new work environment not being put in place or people's skills and attitudes not being updated to take advantage of the new environment.
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If $30,000 is invested for one year at an annual interest rate of 13%, it will grow in value to ________
A) $33,900 B) $36,208 C) $3,900 D) $32,308
The relationship between a company's variable costs and fixed costs is referred to as its ______________________________
Fill in the blank(s) with correct word