Just how poorly this system worked was documented by the Standish Group in their infamous 1994 CHAOS Report on the shocking level of failure in software projects. Unlike the failures of bridges or airplanes or nuclear plants, the authors noted that “in the computer industry ... failures are covered up, ignored, and/or rationalized.” So they set out to identify “the scope of project failures,” “the major factors that cause software projects to fail,” and “the key ingredients that can reduce project failures.” The report concluded that 31% of software projects in the United States were
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