APEGGA Panel: Learning From Our Mistrakes

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APEGGA PanelLearning From Our Mistrakes

• Moderator Paul G. Bassett
• April 20, 2006

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Software Engineering is in a Sorry State

• 1995 Study by Standish Group
• 31 of all projects fail, costing billions
• of the projects that do finish
• 53 exceed their budget by at least 189
• 92 exceed their schedule
• in other words, lt 6 of all software projects
  deliver on time and within budget!!

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Software Engineering is in a Sorry State

• 1997 KPMG Study of 1450 Canadian projects
• More than 100 projects failed
• 240M total budget became 360M
• Canada wide, this means unbudgeted billions
• Opportunity costs are even higher!
• project mismanagement is rampant chronic