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unSILOed with Greg LaBlanc cover image

357. The Science of Successful Project Planning feat. Bent Flyvbjerg

unSILOed with Greg LaBlanc

NOTE

IT projects have some of the latest cost overrun risks

Digital projects, like IT projects, pose significant risks and have a high potential for cost overruns. While they can deliver on schedule and budget, when they go wrong, they go really wrong. Approximately 18% of IT projects experience extreme cost overruns, with a risk of a 400% or higher increase in costs. Investing in digitalization and decarbonization is crucial, but careful planning and management are needed to mitigate risks and avoid wasteful outcomes.

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