Understanding the Meaning of “Project Success”

Abstract

Fortune 500 organizations are executing their tasks using projects. Project management is the area of concentration across the world. Different stakeholders have a different perspective about project success. The meaning of project success had been explained in this article. In addition, the Project Critical Success Factors (CSFs) were mentioned. The research of Standish Group on project success and project success metrics was presented. Earlier research on the meaning of project success and project critical success factors was highlighted. The works of Jeffery K. Pinto and Dennis P. Slevin, David and Adam, DeLone and McLean, and The Standish Group Research were discussed in this article. The methodology included secondary research based on literature view of prominent empirical studies and the literature reviews by making note of findings and observations from those studies. The initial literature collected led to further search of articles based on their references. The research findings indicate that the top of the most success factors for many projects include project objective, top management commitment, competent project team, and user involvement.

How Do We Measure Project Success? A Survey

“…That mean it came after the Time criterion because its frequency value is 60%. The Quality criterion is stated in 12 approaches [1][2][3]7,[9][10][11][12][13]16,18,20]. Another criterion called Scope.…”

“…This criterion has the smallest frequency value in my study. Its frequency value is 5% and it is stated in one approach [11]. Also, there is another criterion has frequency value as same as Performance of the Project criterion which called Environmental Impact.…”

“…On the other hand, it was claimed that the successful of a certain project is also related to the concentration of project quality and performance whom found to be highly related. Mainly, project organization success should concentrate on the team, project management, organization, environment, product, resources and related technical factors [11].…”

Organizational culture as a risk factor in projects

“…The goal of risk management is -if not guaranteed (as it is difficult) -to bring the project closer to success. This success can be defined through the prism of achieving the abovementioned three project parameters, but also taking into account such elements as the level of customer or project team satisfaction 6 .…”

Are Architecture Principles Effective?

“…Project management success focuses on the best possible execution of the project, and PPS focuses on the effects of the product after implementation. There is a relationship between these two dimensions; however, there are differing opinions on whether there is a precisely sequential relationship [93], or there is hardly any dependency [87], or the relationship is something in between [22], [84], [85], [94].…”