Above Info graphic makes you aware of cost of work failure and to counter it
Failure of IT Projects fail in the IT Company is being raised 15% every year, only 2.5% companies are successfully completing their Projects.
Worldwide $ 500 billion loss is happening per month in IT Field with project failure which is accounting $ 6.18 trillion annually.
Failure is affecting more than the 70% of the projects; the reason behind the failure is poor planning, over run in time, over run in budget and suffers from higher than expected maintenance costs.
Miss communication is an another factor in failure of the projects which accounts up to $ 30 Billion a year and 50% of the workers spend a work day in chaos filing deleting and sorting information.
After understanding the reasons behind the failure company’s should act on countering them for better productivity if not the loss of the company goes on increasing.