As described in the text, which of the following statements about runaway or failed IT projects is not true?

Group of answer choices

Large software projects on average run $33$ percent over schedule.

Large software projects on average run $66$ percent over budget.

$50\%$ of businesses have experienced IT project failure in the last year.

IT projects often fail because they lack sufficient computing capacity.

One study found that private sector projects underestimate costs and time required by half.