30% of IT Projects Are Cancelled Before Completion; 50-100% Are

question 32

True/False

30% of IT projects are cancelled before completion; 50-100% are over budget and 6 months late.

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Definitions:

Short-Term Memory

The capacity for holding a small amount of information in an active, readily available state for a short period of time.

Echoic

Pertaining to auditory processing, specifically the memory system that retains auditory information.

Atkinson And Shiffrin

Atkinson and Shiffrin developed the multi-store model of memory, which proposes that memory consists of three stores: a sensory register, short-term memory, and long-term memory.

Sensory Memory

The shortest-term element of memory that provides the ability to retain impressions of sensory information after the original stimuli have ended.