The official business definition of IT project failure is when a project does not meet its objectives, or when the objectives are not achieved within the expected timeline, budget, or quality standards. This can include projects that are cancelled before completion, or those that fail to deliver the expected results. IT project failure can be caused by a variety of factors, including inadequate planning, lack of resources, poor communication, and inadequate risk management. It can also be caused by a lack of user involvement, lack of technical expertise, or inadequate training. In order to avoid IT project failure, it is important to have a clear understanding of the project objectives, to plan and manage the project carefully, and to ensure that all stakeholders are involved in the project. Additionally, it is important to have an effective risk management strategy in place, and to ensure that all stakeholders are adequately trained and supported.
