2. 68% (those ranking in the bottom two-thirds) of companies are more likely to have a marginal project or outright failure than a success,
IAG’s 2008 Business Analysis Benchmark for #2 & #3. (opens in new window)
In fact, half of the projects for this group are “runaways” which had any two of: - taking over 180% of target time to deliver - consuming in excess of 160% of estimated budget - delivering under 70% of the target functionality
3. A company using poor requirements practices for software (ranking in the bottom two-thirds) compared to a company using the best requirement practices (ranking in the top third) pays a $2.24 million penalty per project! (Average project size was originally budgeted at $3 million. This is a significant number - 75% of budget!)
Helping organizations discover where to strengthen their competitive position
by simulating business processes and software requirements,
clarifying them and building consensus,
before investing in implementing them.