AAC Utility Partners

Troubled Waters

In spite of a common perception that challenges are inherent in IT projects, reality by the numbers reveals an even starker environment for utilities facing their own major project endeavors.

According to the benchmark CHAOS Study*—a barometer for the health of the world’s IT projects—in the last two years:

• 32% of IT projects were successful—delivered “on time, on budget, with required features and functions.”
• 44% of projects were considered “challenged”—“late, over budget, and/or with less than required features and functions,” and
• 24% of projects failed completely—“canceled prior to completion or delivered and never used.”

In short, more than two-thirds of IT projects are not successful. In the wake of this harsh reality check, are there any real answers for utilities today facing down their own multi-million dollar technology projects chock full of financial and political risk?

Our answer is a confident and resounding YES. The answer is NavigateOne^TM, and our clients’ projects prove it.