quantmleap

“Our research shows that the Standish definitions of successful and challenged projects have four major problems:

• they’re misleading,
  
• one-sided,
  
• pervert the estimation practice,
  
• and result in meaningless figures.”

Source: J. Laurenz Eveleens, Chris Verhoef, “The Rise and Fall of the Chaos Report Figures,” IEEE Software, vol. 27, no. 1, pp. 30-36, January/February, 2010. http://www.computer.org/portal/web/csdl/doi/10.1109/MS.2009.154

Also check out the following article:

• Standish Report – Standish Report and Naive Statistics Finally, A Challenge to the Standish Report Project Failure Rate The current assessment of the Standish Report is: “The Rise and Fall of the Chaos Report Figures,” J.