A new study reveals that 65% of software projects using Agile principles fail to meet deadlines, budgets, and quality standards, while projects employing the Impact Engineering approach show a failure rate of just 10%.
Projects with documented requirements before development are 50% more likely to succeed. Clear initial requirements boost success likelihood by 97%, and avoiding significant late-stage requirement changes increases success chances by 7%.
Software engineers being psychologically safe to address issues promptly increased success rates by 87%, and real-world problem-based requirements enhanced success probability by 54%.
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