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What are the reasons for a high rate of failure among software projects?

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What are the reasons for a high rate of failure among software projects?

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1) Insufficient user input2) Objectives are not clear3) Incomplete Requirements and Specifications4) Frequent changes in requirements and specifications5) Poor scheduling

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1) Insufficient user input 2) Objectives are not clear 3) Incomplete Requirements and Specifications 4) Frequent changes in requirements and specifications 5) Poor scheduling

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