How often does projects get canned?

Based on what MC was asking, i would define failed as not making it to market.

Looking around the office here, and working on a program that was managed into oblivion, I have an aweful track record. In 3 years, I have worked on 4 major programs and all of them failed. 3 failed to go to market, and the last was a colossal market failure.

I am looking at a collegue of mine who has worked on 7 programs in the past 5 years and all of them have tanked in one way or another.

It still astounds me that mgmt will invest as much money as they do in a program and cancel it last minute.