Today's business environment has changed drastically from just a few years back. Rather than working exclusively with equipment, data, and systems, today's IT managers face issues such as cross training, personnel management, interdepartmental communication, and a widening job scope for all IT employees.
Here's a scary statistic. According to four prominent research firms, only around 20% of all IT projects are finished in a timely manner. By "timely" the researchers mean without loss of quality or being over budget. They go on to say the average project runs approximately 200 percent late, roughly 200 percent over budget, and contains only 2/3 of the original functionality.