According to a statistical report: “over 30% of all software projects are cancelled before completion and over 70% of the remainder fail to deliver expected features”. What must be the reason for such a situation ?

According to a statistical report: “over 30% of all software projects are cancelled before completion and over 70% of the remainder fail to deliver expected features”. What must be the reason for such a situation ? Correct Answer Poor requirements management

Fundamental to the problem mentioned in the statistical report is poor requirements management. Option a and c are its sub parts.
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Related Questions

As per an IBM report, “31%of the project get cancelled before they are completed, 53% overrun their cost estimates by an average of 189% and for every 100 projects, there are 94 restarts”.What is the reason for these statistics ?