Global percentage of IT projects overrunning budgets 2012

The statistic depicts the share of information technology (IT) projects with budgets of more than 15 million U.S. dollars that overrun their budget, by type, according to a study conducted by McKinsey and the University of Oxford. As of June 2012, on average, 66 percent of software IT projects with a budget of more than 15 million U.S. dollars overran their budgets.

Share of large information technology (IT) projects that overrun costs, as of June 2012, by project type

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Sources

Release date

October 2012

Region

Worldwide

Survey time period

June 2012

Number of respondents

5,400 IT projects

Special properties

IT projects with budgets >$15 million in 2010 U.S. dollars

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Statistics on "Software development"

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