Transcript Project Success Factors

Project Success Factors
Success is measured in terms of
resources, time and results.
What is a Successful Project?
• A successful project is one that is:
– Done on time,
– Using only the resources that have been
budgeted or planned, and
– That delivers the results that the stakeholders
agreed upon.
• A successful project strikes a balance
among customer satisfaction, results, time
and resources.
Essential Success Factors-1
• The project manager, project team and
stakeholders (including management and
the client) agree on the goals of the
project.
– Without clear goals and agreement among
stakeholders, there is no success. Frankly,
there won’t be much of a project, either!
– Everyone must agree that they want the same
things to be produced.
Essential Success Factors-2
• Management support, which is essential
for:
– Supplying resources needed.
– Removing organizational obstacles and
stumbling blocks.
– Granting the project manager authority to
execute decisions and make policies
necessary to complete a project.
Essential Success Factors-3
• Effective communication that is
appropriately delivered on an ongoing
basis throughout the project.
– Without communication, people can’t agree
on any goals, let alone meet them.
– Without communication, even the greatest of
all project plans doesn’t stand a chance.
Everyone needs to know what is in the plan
and who is expected to implement what and
when.
Essential Success Factors-4
• The project manager, who must be a tightrope
walker, magician and diplomat. This person has:
– The ability to plan.
– The ability to communicate effectively.
– The ability to gain consensus among diverse and
disparate groups of people.
– The ability to use proven formal techniques of project
management.
– Creative ability to think of solutions “outside the box.”
– The ability to understand office, corporate and project
politics.