New Standish Group Report Shows More Projects Failing and Less Successful Projects

BOSTON, MA, Apr 27 (MARKET WIRE) --
The Standish Group's just released the report, "CHAOS Summary 2009."
"This year's results show a marked decrease in project success rates,
with 32% of all projects succeeding which are delivered on time, on
budget, with required features and functions," says Jim Johnson, chairman
of The Standish Group. "44% were challenged which are late, over budget,
and/or with less than the required features and functions and 24% failed
which are cancelled prior to completion or delivered and never used."

"These numbers represent a downtick in the success rates from the previous
study, as well as a significant increase in the number of failures," says
Jim Crear, Standish Group CIO. "They are at the lowest point in the last
five study periods. This year's results represent the highest failure rate
in over a decade."

In the "CHAOS Summary 2009" report The Standish Group has re-examined 10
of the CHAOS Success Factors. Each Success factor is supported by one of
the Laws of CHAOS. The Standish Group's "CHAOS Summary 2009" report is
available free of charge to Standish Group subscribers. Non-subscribers
may obtain copies directly from The Standish Group for $99.00 per copy.
This special offer also includes Jim Johnson's book "My Life is Failure."

About The Standish Group International, Inc.

Since 1985 The Standish Group, the leader in spotting future trends, has
been helping end users and vendors of technology solutions prepare for the
future. The Standish Group delivers fast, consistent and reliable IT
advice built on a solid foundation of primary research. For further
information on project studies and other trends, visit our website at:
http://www.standishgroup.com.

FOR FURTHER INFORMATION CONTACT:
Jennifer Lynch
Communications Manager
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508-760-3600 Ex: 22

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