A successful project is one that is delivered on time, is within budget, and meets or exceeds customer's expectations. On the other hand, project failures can be defined as one or a combination of cost overruns, late deliveries, poor quality, and/or developing a product that lacks the correctness. There is an infinite number of factors that contribute to software project failures such as Inadequate requirements, unrealistic schedule, scope creep, unmanaged risks, poor communication among stakeholders, and lack of customer involvement, etc. Many statistics show that software project failures often cause huge losses in time and money. Why do software projects fail? 1. Please post your discussion and reply to the discussion forum. 2. Each initial post must be at least 250 words and your response to your peers should be a minimum of 50 words