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Overview: Project failure in large enterprise technology projects is, unfortunately, very common from an operating and financial perspective. In fact, independent studies have shown that 7 in 10 technology projects struggle or fail completely. With millions of dollars, key resources and company reputations on the line, a 30% enterprise project success rate is alarming. However, large-scale technology project failure is not inevitable nor irreversible if the right steps are taken. In this study, Jack Bergstrand, CEO of the Atlanta-based project acceleration company, Brand Velocity, Inc., assesses the current challenges large enterprise technology projects face and offers insights on how companies can overcome them.
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