If only software engineering, even down to humble web (app) development, had the same sort of professional bodies and standards organisations associated with physical engineers (ok there is MCSE I guess). We could do with a software engineer's RIBA.
Granted having a bridge, building or dam collapse is worse than having a business application or website fail, but even so... the problem with IT, and especially the internet, is that there are no mandatory professional bodies to (attempt to) ensure the standard of the work undertaken. Too many people think that because they can use Dreamweaver that they're a web developer... and to make matters worse, many companies/individuals employing web designers/developers don't know the difference either and don't understand the difference, in the end result, between a £14k website and a £40k one.