A quarter of web projects fail to meet their budgets, and 31 percent are delivered late, according to a new report.
The main factors affecting projects are frequently changing requirements, too many stakeholders having a say in the matter, and not enough budget or time being allocated, the report said.
Some 21 percent of projects fail to meet stakeholder requirements, according to a survey of 100 IT managers and directors, conducted by Ruby on Rails software developer New Bamboo.
About half of web projects are run by in-house development teams, and 28 percent are outsourced to third parties, the survey found.
Damien Tanner, co-founder of New Bamboo, said it was critical businesses did not accept failings, even in the development processes for smaller projects.
“The end goal is to deliver business value - yet rigid requirements make it difficult to react to the changes that inevitably occur as knowledge and environments evolve,” he said. “Requirements that have been omitted are generally picked up late in the process - by which time they are awkward and costly to implement.”
What's more, failings were set to become more prominent as businesses attempted to develop complex projects such as social networking, e-commence and web 2.0 sites, the survey concluded. Read More