The statistic shows the leading groups of issues that cause cost overruns among information technology (IT) projects with budgets of more than 15 million U.S. dollars, by type, according to a study conducted by McKinsey and the University of Oxford. As of June 2012, missing focus, such as unclear objectives or a lack of business focus, was to blame in 13 percent of IT projects with budgets of more than 15 million U.S. dollars that overran their costs.
Leading reasons for cost overruns for large information technology (IT) projects, as of June 2012
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McKinsey & Company. (October 25, 2012). Leading reasons for cost overruns for large information technology (IT) projects, as of June 2012 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/526742/worldwide-it-projects-reasons-for-cost-overrun/
McKinsey & Company. "Leading reasons for cost overruns for large information technology (IT) projects, as of June 2012." Chart. October 25, 2012. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/526742/worldwide-it-projects-reasons-for-cost-overrun/
McKinsey & Company. (2012). Leading reasons for cost overruns for large information technology (IT) projects, as of June 2012. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/526742/worldwide-it-projects-reasons-for-cost-overrun/
McKinsey & Company. "Leading Reasons for Cost Overruns for Large Information Technology (It) Projects, as of June 2012." Statista, Statista Inc., 25 Oct 2012, https://www.statista.com/statistics/526742/worldwide-it-projects-reasons-for-cost-overrun/
McKinsey & Company, Leading reasons for cost overruns for large information technology (IT) projects, as of June 2012 Statista, https://www.statista.com/statistics/526742/worldwide-it-projects-reasons-for-cost-overrun/ (last visited December 21, 2024)
Leading reasons for cost overruns for large information technology (IT) projects, as of June 2012 [Graph], McKinsey & Company, October 25, 2012. [Online]. Available: https://www.statista.com/statistics/526742/worldwide-it-projects-reasons-for-cost-overrun/
