The statistic shows the leading groups of issues that cause cost overruns among information technology (IT) projects with budgets of more than ** million U.S. dollars, by type, according to a study conducted by McKinsey and the University of Oxford. As of June 2012, missing focus, such as unclear objectives or a lack of business focus, was to blame in ** percent of IT projects with budgets of more than ** million U.S. dollars that overran their costs.
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McKinsey & Company. (October 25, 2012). Leading reasons for cost overruns for large information technology (IT) projects, as of June 2012 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 24, 2026, from /statistics/526742/worldwide-it-projects-reasons-for-cost-overrun/
McKinsey & Company. "Leading reasons for cost overruns for large information technology (IT) projects, as of June 2012." Chart. October 25, 2012. ÌÇÐÄÆƽâ°æ. Accessed July 24, 2026. /statistics/526742/worldwide-it-projects-reasons-for-cost-overrun/
McKinsey & Company. (2012). Leading reasons for cost overruns for large information technology (IT) projects, as of June 2012. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 24, 2026. /statistics/526742/worldwide-it-projects-reasons-for-cost-overrun/
McKinsey & Company. "Leading Reasons for Cost Overruns for Large Information Technology (It) Projects, as of June 2012." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 25 Oct 2012, /statistics/526742/worldwide-it-projects-reasons-for-cost-overrun/
McKinsey & Company, Leading reasons for cost overruns for large information technology (IT) projects, as of June 2012 ÌÇÐÄÆƽâ°æ, /statistics/526742/worldwide-it-projects-reasons-for-cost-overrun/ (last visited July 24, 2026)
Leading reasons for cost overruns for large information technology (IT) projects, as of June 2012 [Graph], McKinsey & Company, October 25, 2012. [Online]. Available: /statistics/526742/worldwide-it-projects-reasons-for-cost-overrun/
