Majority of ERP Software Projects Still Over Time and Budget

According to a new study from Panorama Consulting, which provides ERP software selection and project advisory services, after surveying 192 companies with annual revenue ranging from below US$25 million to more than $2 billion between January 2013 and February of this year, it reports that Fifty-four percent of respondents said their projects went over budget, compared to 53 percent in a survey Panorama conducted last year.

The majority of respondents who said projects ran longer than expected cited “organizational issues” as the primary reason, according to Panorama. This was a change from the last survey, in which “scope increase,” or an expansion of the project’s original size, took the most blame.