Why Software Fails?
Why Software Fails? Software Failures Cost up to $60 Billion to US economy a success is only 16.2%. These are the software projects that are completed on time and on budget. This success rate is even lower in bigger organizations; an alarming 9% that manage to meet their time and cost requirements , most of which still fail to meet their specifications . Alarmingly, A Standish Group research report shows that a staggering 31.1% of projects are cancelled before they ever get completed. Further results indicate 52.7% of projects will cost 189% of their original estimates[1]" annually. Moreover, the average number of projects becoming a success is only 16.2%. These are the software projects that are completed on time and on budget. This...