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Role of project management in achieving project success
The role of project management in achieving project success
Role of project management in achieving project success
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Measuring the Impact of Critical Success Factors of Project on Project Success in the Telecom Firms Introduction: Project success is one of the ambiguous concepts in project management. As each person or group of people who are involved in a project have different needs and expectations from the same project, it is very common that they take project success in their own way, as per their own understanding (Cleland & Ireland, 2004). Research on project measurement deliverables and focus on the main project management practices (time, cost and quality) shows that it is not possible to have a ubiquitous success criterion that is suitable for all projects. Focus of project management activities differ from one project to another on the basis of a number of attributes like projects uniqueness, business, volume, complexity, customer preferences and the interest of stakeholders. So it is not enough to assume that time, cost and quality are the only success factors of a project but they must be explored and quantified with an overall establishment of a number of multifaceted and unified project evaluation criteria (Ojiako et al., 2008). The difference between criteria and factors is unclear to many people. The Cambridge Advanced Learner's Dictionary describes a criterion as "a standard by which you judge, decide about or deal with something" while a factor is explained as "a fact or situation which influences the result of something". In this study I have tried to set up a relationship between the project success factors and actual project success variables through literature and an empirical analysis adopted from the research of Andersen et al (2006). Focus would be on the Telecom Sector of Pakistan. This is because all the... ... middle of paper ... ...nts, 24 per cent were working as Project Mangers, 62 per cent Project Team Member, 14 per cent End User; 84 per cent male, 16 percent female; 73 per cent of the projects were Production or construction oriented, 12 per cent Research and Development oriented, 15 per cent Decision support oriented; 32 per cent working on large projects, 58 per cent medium, 10 percent small. Analysis and Results Data is analyzed through SPSS Version 16. As all the questionnaires were self-administered it was established prior to floating the questionnaire that all the respondents should be associated to the project management related activities and should be aware of the concept of Project Success. The validity of the questionnaire has been checked using Cronbach’s alpha test (Results are reported in Table I). Annexure A shows the complete list of questions asked.
Crawford (2000) suggests that project leadership is the highest ranking category among project management competence factors. Project management leadership style affects overall project performance. Recent research supports the idea that successful projects are led by individuals who possess not only a blend of technical and management knowledge, but also leadership skills that are internally compatible with the motivation of the project team (Slevin and Pinto, 1988; Turner et al., 1998). Zimmerer and Yasin (1998) found that positive leadership contributed almost 76% to the success of projects. Negative or poor leadership contributed 67% to the failure of projects. Project leaders need both, relationships and task oriented leadership styles, to cope with the challenges within different phases of project (Slevin and Pinto, 1991). In projects, project leaders must lead their teams towards completing defined goals with in a fixed time scale. Verma (1997) states “Achieving the goal or final aim is the ultimate test of leadership”. Goals and tasks are achieved through people thus making people an important resource for
Project Management is a concept of making the project successful through knowledge, processes, methods and experience. Every project is unique since it needs the same mythology of the methods but the circumstances are always different. The success rate of a project can be derived from the output it produces, outcomes or benefits, according to a criteria within agreed budget and timescale.
After a period of meticulous planning, project managers (PM) anticipate that their projects will be executed on schedule and within the proposed budget. According to Maheshwari and Credle (2010), there are internal and external factors that can impede a project’s progress. Therefore, once a project is in motion PMs often rely on tools to assist them with staying on course - and to mitigate project risk. One such tool is the Earned Value Measurement System (EVMS) that can be used to quantify a project 's progress and assist PMs with managing and controlling project costs, instead of merely monitoring costs during various stages of a project. The EVMS can also be used to forecast a project’s completion date and present an analysis of variances, which may occur due to additional or misinterpreted requirements, to determine a project’s earned value (Kerzner, 2013).
Graham, R. J. & Randall, L., Creating an Environment for Successful Projects: The Quests to Manage Project Management, second ed. San Francisco: Jossey-Bass, 65-113, 2003.
Project managers are leaders of small and large groups destined to complete a strategic project plan. Leadership characteristics described above can make or break a team. In all successful project fulfillments, it is the leadership of the project manager that determines the type of success for the project’s members. The most...
... role of project management offices (PMOs) in IS project success and management satisfaction. http://www.emeraldinsight.com.ezproxy.massey.ac.nz/journals.htm?articleid=17086874 DOI (Permanent URL): 10.1108/17410391311325252Article citation: John Ward, Elizabeth M. Daniel, (2013) "The role of project management offices (PMOs) in IS project success and management satisfaction", Journal of Enterprise Information Management, Vol. 26 Iss: 3, pp.316 - 336
It is critical that all telecom projects are as successful as possible to advance the business of the company. The telecom industries have recognized that traditional business models have changed. With the ever increasing competition within this industry, the products and services must reflect the latest technologies, the new industry players and new approaches. Very strong project management approaches along with strong business, marketing and technical skills are required for project success in the dynamic telecom environment. As per Celia (2008), this will happen if standard project management techniques are applied within telecom
Jugdev, K. (2012). Learning from Lessons Learned: Project Management Research Program. American Journal of Economics and Business Administration , 4(1), 13-22.
Harvard Business Review Press (2012). HBR Guide to Project Management. Boston, Massachusetts: Harvard Business School Publishing Corporation. P123-124
A project is a temporary endeavour undertaken to create a unique product or service. They are goal oriented, have a definite start and finish time, must be done within cost, schedule and quality parameters. Projects involve the coordinated undertaking of interrelated activities (Project Management: Achieving Competitive Advantage). According to Tom Peters, “Projects, rather than repetitive tasks, are now the basis for most value-added in business”. Based on this, it is clear that projects are of utmost importance to businesses in both the service and the manufacturing industries.
Gray, Larson. (2005). Project management: The managerial process. [University of Phoenix Custom Edition e-text]. Columbus, OH: McGraw-Hill Companies. Retrieved February 5, 2007, from University of Phoenix, rEsource, MGT 573Project Management in the Business Environment Web site.
Project management is said to be completed within time when it completed within the “triple constraints”: cost, time and quality. And in a lot of causes, one them is sacrificed so as to meet the other two. Project managers prioritize which ones are the most important.
Project management involves all activities that encompass scheduling, planning, and controlling projects. A successful project manager ensure that an organization’s resources are being used both efficiently and effectively. Most projects need to be uniquely developed require a sense of customization and the ability to adapt to any posed challenges. The scope of effective project management includes defining what the project is and what is being expected to be accomplished. Projects are imposed to fulfill a certain need and project managers must have the ability to create the proper definition. Goals and the means used to attain those goals have to be clearly stated. Project Managers must also have the ability to plan
When planning a new project, how the project will be managed is one of the most important factors. The importance of a managers will determine the success of the project. The success of the project will be determined by how well it is managed. Project management is referred to as the discipline that entails the processes of carefully planning, organizing, controlling, and motivating the organization resources so as to foster and facilitate the achievement of specific established and desired goals and meet the specific criteria of success required in the organization (Larson, 2014). Over the course of this paper I will be discussing and analyzing the importance of project management.
Westerveld, E., The Project Excellence Model®: linking success criteria and critical success factors, International Journal of Project Management, Volume 21, Issue 6, August 2003, Pages 411-418. Science Direct [Accessed 10th February 2014]