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According to an IBM research, “31% of projects are abandoned before they are completed, 53% exceed their cost projections by an average of 189 percent, and 94 projects are restarted for every 100 projects.” What is the significance of these figures?

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According to an IBM research, “31% of projects are abandoned before they are completed, 53% exceed their cost projections by an average of 189 percent, and 94 projects are restarted for every 100 projects.” What is the significance of these figures?






 
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