I've been receiving emails, feedback and tweetbacks from our video that we published yesterday about #ITfail.  Due to the popularity of the post I decided to expand beyond the three basic elements that we discussed of project failure which included:

1. Cost overruns
2. Missed deadlines
3. Failure to meet business expectations

Here are a few more specific definitions of IT Project Failures. 

• Business owners did not perceive the project to be successful
• The project failed to deliver business value
• The wrong value was delivered
• The delivery of the software implementation was too late and made the end product useless
• The software lacks future scalability and evolutionary capabilities
• The IT project lacks business environment integration

I'm very interested in hearing about your definition of IT project failure.  Please submit them in the comments.