One in six major IT projects go 200% over budget

Study shows that 'black swan' problems more common in IT sector than thought

Tags: McKinsey $ CoMcKinsey & CompanyProject managementSaid Business School
2773 days ago
Hemanshu Joshi

I agree with your article. However, in most cases it is the vendor who bears the cost of overlooking facts and unable to define the Scope of Work correctly. All customer project manager has to do is to negotiate and pin down the blame on vendor project manager for not understanding requirements correctly. This has been happening all throughout.

However, it is slightly easier for the vendor project manager to skirt scope creeping in cases of product implementation rather than custom software development and control the scope of project.

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