Researchers have been compiling lists of key factors the presence or absence of which have determined the success or failure of projects. Early researches of critical success factors were largely theory based; subsequent researches employed the use of statistics and continuously refined methods like neural network and the analytical hierarchy process. Over the passage of time, the focus has narrowed down from broad generalization of 'projects' to 'project classes'.The thesis can be broadly divided into three components.
First Component:The first component (Chapter 1, 2, and 3) leads an insight into the basic concept of success factor studies, and the empirical frameworks adopted for identification of critical success factors. The second and the third component, comprises literature review and original research, respectively. These components pertain to success factor studies of construction projects, and are introduced as below.
Second Component:The second component (Chapter 4: Review Component) sets out to choose from among a treasure of resources on construction projects, three such state of the art works that can best explain the progress in search of success factors over a period of the foregoing 25 years. After discussing each work in detail, the reader's attention is drawn to a collective discussion, and summary towards the end of the Review Component. The review includes the following works:(1) Pinto and Covin, 1989, (2) Ashley et al., 1987, and (3) Loh, 2011. Pinto andCovin (1989) endeavored to set aside the convenient research trend of treating all project types (Manufacturing, R&D, Construction etc.) as similar. It was felt that management practitioners considered the generalized project management prescriptions offered by researchers as mostly inapplicable to the unique situations posed by their respective classes of projects.Stepwise regression analysis was employed to seek separate sets of CSFs for construction and R&D projects. The choice of these two project types was made as they apparently lied on opposite ends of the spectrum of characteristics. The phases of project lifecycle considered for determining CSFs were conceptualization, planning, execution, and termination. It was concluded that though identification of a set of general critical success factors has some benefits for both academics and practitioners, strict adherence to them would not necessarily ensure project success. It was proved that every project type offers its own set of problems, and that these vary over a project's lifecycle.The review briefly touches upon the work of Ashley et al. (1987) so as to lead an insight into yet another methodology adopted by CSF researchers. This study views project success from the project managers' perspective for the owner and contractor organizations they works for, and does not take into consideration the view point of other professionals working for owner, contractor and consultant organizations. Hypothesis testing was employed to find those factors that exhibited strong stat...