Which of the Following Statistics from Studies on Failed Projects

question 67

Multiple Choice

Which of the following statistics from studies on failed projects is not true?

• A)Only 32 percent of all technology investments were completed on time,on budget,and with all features and functions originally specified.
• B)Large software projects on average run 66 percent over budget and 33 percent over schedule.
• C)Between 30 and 40 percent of all software projects are "runaway" projects that far exceed the original schedule and budget projections and fail to perform as originally specified.
• D)Thirty-two percent of technology investments are completed on time,within budget,and with requirements met.
• E)The average cost overrun of IT projects is 20 percent.

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Definitions:

Tailored Postponement

A supply chain strategy that delays the final production or distribution of a product until customer requirements are fully understood.

Production

The process of creating goods and services through the combination of labor, materials, technologies, and strategies.

Demand

the quantity of a good or service that consumers are willing and able to purchase at different prices at a given time.

Part Satisfied

Partial fulfillment of a requirement, order, or need, where the entire demand is not completely met.