Project Governance and Failure

Michael Krigsman, CEO of Asuret Inc., presented on governance and failure. He discussed how 30-70% of IT projects are late, over budget or don't meet requirements despite methodologies and tools. Governance issues like lack of alignment between business and IT are common causes of failure. Asuret uses a failure analysis simulation to measure 7 key factors of success and gain insights from stakeholders to better understand and prevent failures. Key lessons included the importance of knowledge sharing, early warning signs, and exercising wise judgment.