Standish Group Report - Chaos Report

Question 1

What does this research project aim to identify?

Answer 1

1. The Scope of software project failures
2. The major factors that cause software projects to fail
3. The key ingredients that can reduce project failures

Question 2

How many projects described as Type 3, will be cancelled before they ever get completed?

Answer 2

31.1%

Question 3

What percentage of projects described as Type 2, will cost 189% of their original estimate?

Answer 3

52.7%

Question 4

What is the the average percentage of Software projects described as Type 1, that are completed on time and on budget?

Answer 4

16.2%

Question 5

What is the average percentage of Software projects that are completed on time and on budget in larger Software companies?

Answer 5

9%

Question 6

Who were the respondents for the Research Paper?

Answer 6

IT Executive managers

Question 7

What was the classification of the three project resolution types.

Answer 7

Type 1 - Project Success
Type 2 - Project Challenged
Type 3 - Project Impaired

Question 8

Describe what a Type 1 - Project Success is.

Answer 8

The project is completed on-time and on-budget, with all the features and functions as initially specified

Question 9

Describe what a Type 2 - Project challenged is.

Answer 9

The project is completed and operational but over-budget, over the time estimate, and offers fewer features and functions than originally specified.

Question 10

Describe what a Type 3 - Project Impaired is.

Answer 10

The project is cancelled at some point during the development cycle.