Project teams constantly face a barrage of new products and technologies, and have a difficult time differentiating marketing slides and grand promises from deliverable products when making strategic IT acquisitions. The solution is to create a structured, repeatable process for evaluating technology solutions and the vendors that provide them.
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According to TEC research, the net result has been that over 80% of enterprise technology evaluations run over time and budget, and that once selected, over 50% of the implementations fail to meet functional and total cost expectations.