"75% of business and IT executives anticipate that their software projects will fail."
Wowsa. Whoever responded to this survey might just have a lot of trouble getting out of bed in the morning.
This statistic is from a survey done by Geneca, a software development firm, of 600 business and IT executives. Sources for the survey participants includeda CIO networking group, a project management professional association, Hoovers/D&B, and attendees to a 2010 CIO trade conference.
A couple of other findings:
Lack of confidence in project success: 75% of respondents admit that their projects are either always or usually “doomed right from the start.”
Rework wariness: 80% admit they spend at least half their time on rework.
Business involvement is inconsistent or results in confusion: 78% feel the business is usually or always out of sync with project requirements and business stakeholders need to be more involved and engaged in the requirements process.
This group of respondents MAY be from a skewed group of folks who've recognized their software development dysfunction and are now getting help for it. But still pretty interesting to see such a high percentage going all the way to "doomed from the start" as a project descriptor.
If you're interested in the entire report, you'll find a link to the pdf on this page.