Assessing Project Success: Moving Beyond the Triple Constraint (A Critique Paper by HAZEL A. TRAPERO) ABSTRACT This paper aimed to assess the project’s positive outcome including, but not limited to the ideal and pre-defined operational demand or the so-called conventional constraint which composed of the scope, schedule, and budget. By simply visiting some of the researched textbooks, articles, journals and literature, it was found out that the project 's success varies depending on who are working on it and how the stakeholders engage in it though it was primarily described based on the triple constraint approach. In fact, during the conduct of the study, several added factors were identified to also affect the project outcome like the …show more content…
One is that it has been reprehended as being conceptualized from the contractor’s point of view. Another was that it does not completely deliver guiding thoughts to the project manager on how to improve the budgeting or schedule for the betterment of the design. Lastly, it has disregarded the rudimentary truth of an Information System (IS) activity. In addition, PM textbooks clearly tell us that project success is about satisfying the functional demands on scope, time, and budget. Thus, this paper aimed to assess the existing concept of an IS project success and visit the different issues and concerns arising from the recent concept and tried to find out its impact to any project made by an individual or a team. Specifically, this paper wanted to find out if there are still some other components and needs to adjudge the outcome of a …show more content…
This initiative could be advantageous to the students since all these years, they were just taught that the basis for a project 's success is the “triple constraint” not knowing that there are still lots of components that are also necessary for the said success. This paper could present to them the different perceptivities that should be taken into consideration in achieving the positive output of the design, like evaluating the importance of the stakeholders ' views on the design and reviewing the financial analysis. This paper could also widen the project manager 's views on how to effectively do the budgeting and well-planned schedule by considering other factors that are equally important as the “triple constraint” approach and face the challenge of letting the non-IT managers to fully understand an IT artifact. This could be very helpful for them since they are tasked to fit in the expectancies of the project stakeholders. Moreover, the project team could benefit on this paper by being apprehensive that the conventional criteria set is not the only avenue to achieve success anymore. They must look at the other approaches to have a great chance of success. Lastly, this could be beneficial to the user community because they would know that when they need a system, they would focus on having
The initiation phase of a project is not complete without a clearly defined goal and realistic, measurable objectives that describe the business benefits which are expected to be delivered upon completion of a project (Laureate Educatio...
There were three main factors used for choosing this project. First, its low initial investment that makes
Information Management has to do with capturing information, efficient planning, organizing and evaluating the information to interpret for an organization to make well informed decisions. (Hinton, 2006) The main reason organizations depend on information is to improve its overall management in order to yield significant operational benefits in all areas of the organization and importantly its overall efficiency, competitiveness and responsiveness. The improvements either need expansion in the amount of information required or implementing a new information management system.(Power, 1983) The information management system is effective in organizations when the activities are shared amongst various groups, preparing them for change in the information system by identifying problems and evaluating it and gradually integrating actions in the project for successful implementation. (Bass, 1983), (Mintzberg, Rasinghami and Theoret 1976). Most organizations believe Information Technology and Information Management is the same but according to Hinton (2006), while Information Technology is an important role in an organization. Information Management is broader it helps the organization to build, maintain and re-build its business processes and information system.
The final activity undertaken on any project is a review of its overall success by an independent resource. Success is determined by how well it performed against the defined objectives and conformed to the management processes outlined in the planning phase. To determine performance, a number of questions are posed. For example: o Did it result in the benefits defined in the Business Case? o Did it achieve the objectives outlined in the Terms of Reference?
Analysis Introduction This project belongs in the engineering-efficiency category; therefore, it has to fit at least 3 of 4 performance hurdles, which are 1. Impact on EPS; 2.Payback; 3.Discounted cash flow and 4. Internal rate of return. In this article, some of those involved explained and described their opinions; however, professional knowledge may have been lacking.
In terms of the whole project the main issues faced were around no changes to project schedule as it is not flexible and project must be completed within 1 year and the scope must be supported and not changed, and it was challenging to find a vendor who could meet these criteria.
Information technology (IT) project management in the domain of public education can be a complex undertaking fraught with challenges and risks. The ability to effectively oversee a project, which is a temporary endeavor undertaken to create a unique product, service, or result (Project Management Institute, 2013), can be crucial in supporting academic initiatives and engagement in school settings. This paper will describe and then reflect upon the experience of being tasked with the project of creating a mobile lab at North Saanich Middle School. The reflective portion will examine the process through the perspectives gained because of the subject matter presented in PJMT 501 as the beginning of this course coincided with the start of the implementation phase and continues concurrently with the closeout phases (Schwalbe, 2010, p. 58) of the project. Specifically, three examples of how scope, time, and cost goals (Schwalbe, 2010, p.9) became unbalanced will be examined and a reflection on how to learn from these experiences will be forwarded. This perspective will help to describe how the exposure and deeper understanding of the basic principles of Project Management not only influenced the completion of this project but also will influence future approaches to other IT projects.
Large and small businesses, governments, and schools strive to build the next new gadget, manage resources more efficiently, and teach or train in more creative ways. If they set out blindly on a task without proper oversight and thought about the process, then surely the result would be a dismal failure. Project management enables these entities, and various others, to carefully consider the many variables before, during, and after the project actually takes place. Project management refers to the careful planning, organization, and management through a single one-time activity. Projects are non-routine tasks that are set out to be accomplished for a specific amount of time (Trelles-Duckett & Lonergan , n.d.). Projects have an absolute
Introduction 3 b. Project History 3 c. Project Objectives 3 d. Project Schedule 4 e. Maps of Project Site 5 - 6 2. SCOPE OF WORK AND EXPECTED DELIVERABLES 7 3.
Kezner, H. Project Management: A Systems Approach to Planning, Scheduling, and Controlling. 6th. New York: John Wiley and Sons, Inc, 1998. Print.
The projects in today’s world are given a lot of importance and it will continue to grow in the coming years. There are a lot of companies which do not have production, but all of them do have projects. There are a lot of books which have been published on which related to planning and managing the projects. The one of the most important one was published by the author Eli Goldratt in his book ‘Critical chain’. This book basically talks and shows how the application of theory of constraints in the field of project management. The novel is basically based on one of the MBA classes in America where a number of ideas are developed in discussions among the students and the lecturers. The lecturer is basically fighting for a tenure with the president of the university who expects a downturn in the executive MBA. The lecturer who teaches project management has a word with one the senior colleagues and project management was the right topic to teach. There were three students who were placed in the project management team of their company which manufactures electronic products. The students are enrolled in this MBA class along with other students, here they discover a new approach to project management which is known as the
Information systems (IS) projects are vulnerable to resource cutbacks and the increasing complexity of systems and advances in information technology make finding the right personnel difficult and the associated development costs high. Good project management is essential for success. Some alignment methodologies include IBM's business systems planning (BSP), Robert Holland's strategic systems planning, James Martin's (1989) information engineering and method/1 from Anderson Consulting.
This project gives an insight of the company’s Information technology and information systems, their impact on the market and on the company. It also explains the problem faced by the company before implementation of any of the solutions. And then explains the IT solution adopted by the company. It is followed by the results and consequences of the implementation of the program.
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.
During the project initiation stage the business problem or opportunity is outlined whilst simultaneously various TM techniques and tools can be adopted to enhance productivity and overall project success. Value engineering is a technique which can be adopted to seize the opportunity to add value in the early stages of the project. The value of a system’s outputs is optimized by crafting a mix of performance (function) and costs. Allocating time for this technique is crucial during the initiation phase, as it deals with the value process solely during the inception and conception of a new product.