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Nine Top Reasons Procurements Fail

Despite industry’s best efforts, our experience shows that over 70% of IT procurements (including outsourcings) fail to achieve their objectives as envisaged at the outset. This is true despite attempts to modernize and “professionalize” sourcing practices, project management and service delivery methods. Based on our analysis, the following 9 factors when applied incorrectly, will lead directly to project failure. When applied correctly, they create a win-win relationship that consistently delivers expected results as well as keeping both vendor and buyer aligned throughout the procurement life-cycle.

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