Is your business fully realizing its IT investments?

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According to a recent survey of 386 information technology experts at the North America Computer Audit, Control and Security conference, a surprising number of businesses are not fully realizing their IT investments. Nearly half (43.3 percent) of respondents said that their company recently "killed" an IT-related project before it was fully implemented. The top reasons for the project failure were cited as "business needs have changed" and "the project did not deliver as promised." According to the ISACA, at a typical enterprise, 20 percent of technology investments are not fully realized.

More information from the survey, including which IT issues were ranked as most important, can be found at: http://www.isaca.org/Template.cfm?Section=Whats_New1&Template=/ContentManagement/ContentDisplay.cfm&ContentID=42136.

Looking to get more out of your IT investments? A successful IT project (or any project for that matter) must begin with a well-thought out plan and must be monitored throughout. Investing time in the planning stage of your next project can help you execute it more efficiently and effectively.