Success Of A Project: Project Success Factors And Success

The project success can be considered as the accomplishment of a specific mix of desired goals and subjective measures listed out in the success criteria and evaluated at the end of the project. Achieving the company’s objectives has led to the quest for the success in projects that in turn prompted to formulate the factors that can lead to the success of the project. (Terry Cooke-Davies, 2002) ascertained that the factors are the inputs of a system that can lead to the success and the criteria as a measure of the tasks that must be carried out to determine the project success or failure, which in turn make the project acceptable to the client. In other words, the criterion sets the standards to test the project while the factors lead to the

Thus, both these entities can be classified as the facets of the project quality.
2. Project Success Factors & Success Criteria:
(Albert P. C. Chan, Danny C. K. Ho, & C. M. Tam, 2001) elicited six success factors from project personnel’s opinion and through surveys for different D&B projects and concluded that most of them were explanatory on the project performance. The six factors which determined the success of the projects were the project team commitment, competencies of the client and contractor, risk & liability assessment, end users’ needs and the constraints imposed by end-users. (Matilda Alexandrova & Liliana Ivanova, 2013) postulated a new method to determine the project success factors based on the control methods,

Timely completion of projects within the budget and scope satisfies the client’s expectation, which in turn determines the project success. (Anton de Wit, 1988) asserted that the project objectives set the most relevant criteria for success in projects. And stated that when all stakeholders are considered while formulating the project objectives, would not entirely depend on the time, cost and the quality of the project. The success can be considered only if the project satisfies these objectives. Along these lines, the success criteria are subjective and are controlled by the stakeholders more