Friday, June 5, 2009

Public Awareness for Corporations

Saving energy and saving on power bill is easy for some but not corporate America. The more demand the costlier. Awareness is so important. Recently learning some percentages related to information technology projects blew me away.

Percentages from a credible source: 30% of project fail
50% cost twice as budgeted
68% no comparisons are done
74% are not tracked
80% are not qualified

The truth about one segment of business is costing corporations billions every year. Shareholders should be outraged. CEO's are being held accountable for profit while unaware of CIO staff failures. CFO's would be outraged too. Again, credible source did the numbers.

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