Journyx, the first company to provide Web-based time-tracking and project accounting solutions that guide customers to per-person, per-project profitability and has announced its strategic partnership with Cognitive Technologies, an IT consulting company specializing in project and program management for the federal government and Fortune 1000 companies.

Factual and anecdotal evidence confirms that IT investments are inherently risky. On average, about 70% of all IT related projects fail to meet their on-time, on-budget objectives to produce the expected business results.