As per an IBM report, “31% of the project get canceled before they are completed, 53% overrun their cost estimates by an average of 189% and for every 100 projects, there are 94 restarts”.What is the reason for these statistics?

As per an IBM report, “31% of the project get canceled before they are completed, 53% overrun their cost estimates by an average of 189% and for every 100 projects, there are 94 restarts”.What is the reason for these statistics?

Right Answer is:

Lack of adequate training in software engineering

SOLUTION

Due to lack of adequate training in software engineering 31%of the project get canceled before they are completed, 53% overrun their cost estimates by an average of 189% and for every 100 projects, there are 94 restarts”.

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