Studies of IT Projects Reveal That

question 52

Multiple Choice

Studies of IT projects reveal that:

• A)Initial cost estimates are overrun by an average of 15%.
• B)Over 66% of IT projects were delivered to customers but not used.
• C)About 25% of all IT projects become runaways by overshooting budgets and timetables.
• D)Software and/or hardware projects fail at a rate of 65%.

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Definitions:

Power Distance

A cultural system emphasizing formality and greater difference in power among people.

Relationship Mobility

The degree to which individuals in a society feel free to choose and switch their interpersonal relationships and social groups.

Collectivistic Cultures

Societies where individuals prioritize the group's needs and goals over their own, emphasizing community, cooperation, and interdependence.

Power Distance

A cultural dimension that describes the extent to which individuals in a society accept and expect power to be distributed unequally.