Blueprint Software Systems

Blueprint Software Systems

December 12, 2013 08:00 ET

Blueprint IT Leadership Survey Finds Most IT Projects Delivered Late and Over Budget

Improving IT Software Project Delivery Ranked Among Top Three Priorities for IT Leaders in 2014

TORONTO, ONTARIO--(Marketwired - Dec. 12, 2013) - IT projects are mostly late and over budget, according to the 2014 IT Leadership Survey, conducted by Blueprint, the leading provider of enterprise Requirements Definition and Management (RDM) software. The majority of the CIOs and IT leaders polled for the survey said that on average, their IT projects are delivered late, while only 11 percent reported that their IT projects 'regularly' meet their original budget.

Designed to help CIOs and IT leaders better understand issues and challenges on the agenda for 2014, the Blueprint IT Leadership Survey also found that 70 percent of respondents rank improving IT software project delivery among their top three priorities for 2014. One-third of the survey respondents identified doing a better job of delivering applications that meet business needs as a top priority in the software/application development lifecycle for 2014.

"Corporations are increasingly depending on business applications for their sustainability, and this has not gone unnoticed by IT leaders. But as the profile of the IT project rises higher and higher, several red flags are emerging that IT leaders need to address, and one of them is the inability of projects to adhere to budgets," says Dan Shimmerman, Blueprint CEO. "Old habits die hard, but if IT leaders can focus on resolving their project delivery issues now, they will be better positioned for project success in 2014 and beyond."

Other key findings from the 2014 IT Leadership Survey include:

  • IT applications are integral to business success: IT is inextricably linked to business success today, and not just in a supporting role. The overwhelming majority of respondents pointed to the importance of applications to business competitiveness.
  • Rework remains a pervasive problem: Almost half of respondents said rework consumes up to 25 percent of project budgets. For one quarter of the respondents, the rework monster consumes up to 40 percent of budgets. That's a lot of waste that IT leaders will need to address and reduce.
  • Compliance is important for all IT projects: Almost all respondents said that IT projects need to be 'in compliance' to some degree, with either industry regulatory requirements or internal policies. Whether companies are using waterfall, agile or other development methodologies, requirements will be a key part of the process.
  • A common understanding of the business objective is largely absent: The majority of IT leaders said that about half or less than half of the team actually understands the business objective of the project they're working on.

About the 2014 IT Leadership Survey

In November 2013, Blueprint conducted an online survey of 166 IT industry professionals in in the North America and Europe to evaluate priorities, challenges, conditions and performance factors relating to the software / application development lifecycle. The study was conducted across a breadth of industries, with the largest percentage of responses from companies in financial, healthcare, technology, insurance and communications. The majority of survey respondents are IT leaders including President / C-Level, VP, Director, and Program/Project Manager. The complete survey results can be found at: http://www.blueprintsys.com/lp/it-leader-2014/.

About Blueprint

Founded in 2004, Blueprint develops requirements definition and management (RDM) software. With its best-in-class RDM solution, Blueprint helps companies get complex software and IT project requirements right from the start. Blueprint solves many of the time-consuming, costly, and error-prone elements of defining requirements, ensuring that mission critical projects are completed on time and budget. Headquartered in Toronto, Ontario, Blueprint has global sales, operations and partner presence. Visit: http://www.blueprintsys.com.

Contact Information