Generic project success and project management success criteria and factors : literature review and survey
Part of : WSEAS transactions on business and economics ; Vol.6, No.8, 2009, pages 456-468
Issue:
Pages:
456-468
Abstract:
This paper covers a thorough literature review on “Project Success” and “The Generic Project Success Criteriaand Factors”. In recent times, it has become a common belief that project success is defined by meeting thetime, cost and quality requirements of organizations. However, there are some important project success criteria(PSCs) and factors (PSFs) which often get neglected when it comes to evaluating a project. The results of asurvey, conducted by the researchers, show that to the contrary of what is mentioned in the literature, “TopManagement Support” turned out to be the most important measure of project success. “Time” and “Quality”and their process, on the other hand, were not considered as critical success criteria. In fact, a controversialdiscovery is that some so called project success factors could potentially be considered as criteria for evaluatingprojects. This paper suggests the necessity of further investigations on the discrepancy between theoreticalproject success criteria and factors and those considered important in industry. In fact, the paper’s authorsbelieve that this controversy occurs because projects’ stakeholders have different definitions of project success.Moreover, the survey presents a balance between the numbers of respondents who believe that project successis deemed project management success and the respondents, who consider that this is not necessarily true.
Subject:
Subject (LC):
Keywords:
project success, project success criteria, project success factors, project failure
Notes:
Περιέχει γραφήματα, πίνακες και βιβλιογραφία
