film production

Can IT Projects be insured?

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Summary: Many non-technical organisations are scared of IT projects. High failure rates. Technical jargon. Expensive consultancy. Rather than face this, they avoid IT projects completely. This hurts all of us - the organisation forgoes the value that a project might deliver, and developers forgo valuable work. Completion bonds (insurance policies that a project will complete on budget) are common in the film industry. I’d like to explore whether completion bonds might be a way to get over this “trust hurdle”, and how agile approaches might align to such bonds.

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