Gartner estimates that one-third of IT projects in small to medium size organizations exceed budgets and schedules by 100%. That statistic does not include the sizable amount of projects that exceed budgets by 40, 50, 60% or more. That is a lot of cost overrun and schedule delays.
There are a couple of principle reasons why intranet projects dramatically exceed budgets and schedules. One is not operating with a true plan that specifically details the needs and requirements of the business, management, and the end users. Without a detailed blueprint, the project is left wide open to scope creep and meddling managers and executives that begin to