Software and the Internet are today’s hot Brand U projects. Software development is hot and sexy. These software projects range from small projects to enterprise wide applications. Small projects may require three people to work for three months. Or, mega-projects can occupy hundreds of people for years such as writing millions of line of code for an air traffic control system.
The challenge is that these projects are tanking in record numbers. More than 25% of the IT projects aren’t completed and close to 80% are either over budget or late.