Mission

There are several sources that estimate the annual costs of IT project failures in the US as being about $100 Billion, but you cite a number of $500 Billion—why the increase?

The $100 Billion is only part of the story. There are two component costs to IT project failures—the first is more visible, clear-cut and grabs the headlines. The second is less visible, but significantly larger. The first type of costs are those related to IT projects which either fail outright or are otherwise abandoned. These require a total write-off. In [...]

There are several sources that estimate the annual costs of IT project failures in the US as being about $100 Billion, but you cite a number of $500 Billion—why the increase?2020-01-13T13:19:51-08:00

What are the scientific discoveries that you reference that explain why people often forget the critical details that are vital to the success of an IT project?

In the last 20 years neuroscience has made some remarkable advances. We’ve learned that our unconscious mind is playing a far larger role in decision making than we previously thought. It turns out that human beings are not logical, rational actors who consciously think through decisions based on the best available information—as economists have proclaimed and business schools continue to [...]

What are the scientific discoveries that you reference that explain why people often forget the critical details that are vital to the success of an IT project?2020-01-13T08:11:52-08:00