Blown budgets, exploded timelines: according to McKinsey and the University of Oxford, large IT projects run 45 percent over budget on average, and the very nature of the contract plays a critical, often underestimated role. The risk-sharing contract durably aligns the objectives of the client and the integrator, in a climate of collaboration rather than confrontation.
According to McKinsey and the University of Oxford, large IT projects run 45% over budget on average and deliver 56% less value than predicted. A realistic, complete IT project plan shared by every stakeholder remains the most powerful lever to avoid these outcomes.