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Standish: Why were Project Failures Up and Cost Overruns Down in 1998?

Topics
Agile,
Methodologies,
Delivering Value

Following InfoQ's August interview with Jim Johnson, creator of the CHAOS Chronicles on project failure, one important question remained: how does the Standish Group explain the amazing change in cost overrun from 189% in 1994 to 69% in 1998? In an excerpt from this month's CHAOS University newsletter, Johnson refers to events in 1996 that changed the complexion of project planning and execution.