This episode of the Technology Risk Podcast we offer insights into the reasons behind IT project failures and suggest strategies for success, particularly focusing on avoiding the "IT Bermuda Triangle" of poor scope definition, stakeholder misalignment, and resource constraints. We detail the impacts of these failures including financial loss and reputational harm, while also providing steps to navigate these challenges such as clarifying stakeholder expectations and adopting agile methodologies. Make sure to subscribe to our podcast on Spotify and Apple Podcasts for more technology insights every Friday at 6 PM (PDT), as well as check out our website at www.frostyos.com.