Is your web project over budget?

CIOs beware: If you are developing new web projects in-house or outsourcing the work, be ready to deal with cost overruns and delays. A new study conducted by software developer New Bamboo found a quarter of web projects do not meet their budgets, and 31 percent are delivered late. The reason: Frequently changing requirements, too many stakeholders with conflicting visions and not enough money or time allocated to the projects.

For more insight into web project problems:
- see this CIO.com article