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Too many large information-technology implementation projects are materially late in delivery or significantly over budget. The latest statistics are sobering, with one report finding the overall success rate for IT projects as only 16.2 per cent.

Given the sad state of affairs in the major IT project space, it is very much worth asking what parties to these transactions can do to help improve the chances of success.

Lexpert technology columnist George Takach makes four recommendations to ensure success of your IT project contract, such as incorporating a major project facilitator into your IT project governance.

George S. Takach reports at Follow @Lexpert on Twitter. Lexpert is published by Thomson Reuters.

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