Software Applications are at the heart of your business. They help you record, analyze and make decisions that are critical to your business. However the true ROI on these applications is only realized when they achieve their business objectives. But is there an art or science in completing these projects successfully? In recent findings on application development the facts are astounding:

1. 80% of projects are unsuccessful either because they are either over budget, late, missing key functionality, or a combination thereof.

2. 30% of software projects are so poorly executed that they are canceled before completion.

3. 30% of project costs are spent in defect removal due to poor requirements or poor development.

The common reasons for failures in technical implementations are:

1. Lack of Defined Goals Due to short sighted assessment of project and not establishing clarity of project objectives

2. Inadequate Resources Project implementations require a comprehensive skill set from both business and technical backgrounds and a strong collaboration between the two.

3. Inability of service provider or technical team to execute Project complexities and key performance characteristics need to be considered. Projects are not just “coding” exercises but implementations that cover architecture, design, coding and support .

4. Difficulty in managing relationship The relationship to your service provider should be trustworthy and transparent. Expectations and results should be shared truthfully to build a successful relationship