In McKinsey and Oxford’s large-project sample, software projects averaged 66% cost overrun versus 43% for nonsoftware IT projects.

Format Online paper / PDF

Location PART 1 - TONS OF PUNKS, ONE BIG JERK CHAPTER 3: TOUCHGRASS Future Polish

"In McKinsey and Oxford’s large-project sample, software projects averaged 66% cost overrun versus 43% for nonsoftware IT projects."

The comparison applies to IT projects above $15 million in 2010 dollars; software projects averaged 66% cost overruns compared with 43% for nonsoftware IT projects.

View Source

Source title Delivering large-scale IT projects on time, on budget, and on value

Source authors Michael Bloch, Sven Blumberg, Jürgen Laartz

Source year 2012

Confidence high

Importance high