In this paper we report on empirical research that
aims to reduce failure rates of I.T.-intensive projects.
We hope that the conference reviews and discussions
will further improve this research. In this paper, we
first present a review of the literature about I.T.
project failure rates over the past few decades. We
then summarize Value-Driven Change Leadership
(VDCL), a new set of principles about project
management, as presented, e.g., in [22]. Next, we
describe the results of our empirical work completed
thus far. Finally, we describe further research.