Although Most IT Projects Fail, Most ERP Projects Are Successful

question 34

True/False

Although most IT projects fail, most ERP projects are successful because they are packaged systems.

---

Definitions:

July

The seventh month of the year in the Gregorian calendar, typically associated with mid-summer in the northern hemisphere.

Simple Exponential Smoothing

A time series forecasting method for univariate data that can be used to forecast data without any clear trend or seasonal patterns.

Observable Trend

A pattern, change, or movement in data that can be detected and assessed through analysis over a certain period.

Seasonality

The phenomenon in sales or industry performance that recurs consistently in specific seasons of the year, affecting demand and supply dynamics.