When Project Failure Impacts Enterprise Survival

One of the risks that we consider when preparing a business case for IT projects is business impact. It is a risk that is worth considering, understanding, and mitigating. Or else, this happens. ...

... "Samas, supplier of office furniture, will need to issue new shares as the company has been financially hard hit following an IT project. " ...

Via Expatica: Dutch News

From Samas Annual Report: "The implementation of project Harmony in the course of the financial year under review and especially in the year 2006 / 2007 may impact the business as a consequence of these changes. The company manages the risk through a phased implementation programme. "