Which of the following statistics from studies on failed projects is not true?
A) Only 32 percent of all technology investments were completed on time, on budget, and
with all features and functions originally specified.
B) Large software projects on average run 66 percent over budget and 33 percent over schedule.
C) Between 30 and 40 percent of all software projects are "runaway" projects that far exceed the original schedule and budget projections and fail to perform as originally specified.
D) Thirty-two percent of technology investments are completed on time, within budget, and with requirements met.
E) The average cost overrun of IT projects is 20 percent.
E
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