A new study by the Standish Group finds that 37 percent of software development projects are “successful” — meaning on-time, in-budget and accepted by end users. While that may seem low, it’s actually an improvement from the 5 percent success rate of two years ago. Observers say that much of that improvement may come from the adoption of Agile methodologies.
The firm also reported that 42 percent of the projects studied were “challenged” — they were completed and accepted, but failed to meet deadlines and/or budget requirements. The remaining 21 percent were “failures.”