IT organizations have shifted towards agile development practices to improve project delivery, yet failures remain common. The Project Management Institute’s report emphasizes that about 80% of enterprise projects meet their business goals, while a staggering 95% of generative AI pilot projects fail to show financial returns in six months. Modern project failure often refers to not delivering expected benefits rather than technical failures, highlighting a misalignment between technology and business objectives.
Key reasons for these ongoing failures include a lack of project management expertise, misalignment with business goals, and insufficient stakeholder involvement. Many small projects are managed by individuals without adequate training, leading to inadequate resource management and ineffective governance. Additionally, the pressure to adopt emerging technologies without clear business objectives leads to misguided project aims, often resulting in wasted resources and missed opportunities. High engagement from business leaders is crucial to maintain accountability and ensure processes adapt to changing project needs, while thorough stakeholder identification is essential to meet all project requirements and regulations.
👉 Pročitaj original: CIO Magazine
