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Submission + - website 'didn't have a chance in hell' (

dcblogs writes: President Barack Obama said Monday that there is "no excuse" for the problems at But a majority of large IT projects fail to meet deadlines, are over budget and don't make their users happy. Such is the case with The Standish Group has a database of some 50,000 development projects. Of 3,555 projects from 2003 to 2012 that had labor costs of at least $10 million, only 6.4% were successful. The Standish data showed that 52% of the large projects were "challenged," meaning they were over budget, behind schedule or didn't meet user expectations. The remaining 41.4% were failures — they were either abandoned or started anew from scratch. "They didn't have a chance in hell," said Jim Johnson, founder and chairman of Standish, of "There was no way they were going to get this right — they only had a 6% chance," he said.
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