Another Word For It Patrick Durusau on Topic Maps and Semantic Diversity

September 9, 2013

The Monstrous Cost of Work Failure

Filed under: Marketing,Project Management,Topic Maps — Patrick Durusau @ 3:34 pm

Failure Infographic

I first saw this posted by Randy Krum.

The full sized infographic at AtTask.

Would you care to guess what accounts for 60% to 80% of project failures?

According to the ASAPM (American Society for the Advancement of Project Management):

According to the Meta Group, 60% – 80% of project failures can be attributed directly to poor requirements gathering, analysis, and management. (emphasis added)

Requirements, what some programmers are too busy coding to collect and some managers fear because of accountability.

Topic maps can’t solve your human management problems.

Topic maps can address:

  • Miscommunication between business and IT – $30 Billion per year
  • 58% of workers spending half of each workday, filing, deleting, sorting information

Reducing information shuffling is like adding more staff for the same bottom line.

Interested?

1 Comment

  1. […] The Monstrous Cost of Work Failure […]

    Pingback by How To Capitalize on Clickstream data with Hadoop « Another Word For It — September 10, 2013 @ 10:18 am

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