I have heard it a couple of times: "50% of all projects fail". When I tried to check wheather the statement is true or not however, I was quiet surprised to see that some sources anounced that up to 94% of projects don't achieve their objectives (budget, time and client satisfaction), and 12% of all project "were deemed failure" according to the pulse of profession.
My question is: does anyone know where the 50% number comes from? Is it based in reality or is it more of a saying? Saving Changes...
You asked: "My question is: does anyone know where the 50% number comes from? Is it based in reality or is it more of a saying?"
Quick answer: it's probably more of a saying than reality. Anyone who quotes the 50% "stat" should be politely asked to name the source. Saving Changes...
