May 24, 2019
Since we opened shop in 2006, clients have come to us with projects in varying stages of the development pipeline. While some projects were close, needing just a bit of outside guidance to cross the finish line, others were merely in the concept phase, or even in need of re-concepting.
In an attempt to better understand why some projects fail, we noticed several recurring stumbling blocks that seem to derail well-intentioned businesses in their quest. This article will first focus on the top 5 reasons why your software project isn’t complete; followed by worthwhile solutions that we offer to our clients.
Creating new software can be ferociously difficult. This is true no matter the size of your organization or the project at hand. Setbacks, misconceptions, scope changes, and budget overruns are just some of the impediments that plague developers.
With so many potential pitfalls, it’s easy to see why in-house software projects have such an abnormally high failure rate. In fact, according to one estimate, “only 34% of projects finish on time and only 42% come in on budget.” Going further, a different study suggests a whopping “70% of the companies polled reported having at least one project failure in the last year.”