Journyx – the first company to provide Web-based time-tracking and project accounting solutions that guide customers to per-person, per-project profitability – has announced a new version of its flagship product – Journyx Timesheet 7.7 – and a new tool for building a graphical representation of your company, Journyx Organization Chart Manager.

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.