Study Mode
World Academy of Science, Engineering and Technology 59 2011
Key Success Factors for Managing Projects
Nader Sh. Kandelousi, Ooi. J., Abdollahi. A
Abstract—The use and management of projects has risen to a new prominence, with projects seen as critical to economic in both the private and public sectors due challenging and dynamic business environment. However, failure in managing project is encountered regularly, which cause the waste of company resources. The impacts of projects that failed to meet stakeholders expectations have left behind long lasting negative consequences in organization. Therefore, this research aims to investigate on key success factors of project management in an organization. It is believed that recognizing important factors that contribute to successful project will help companies to increase the overall profitability. 150 questionnaires were distributed to respondents and 110 questionnaires were collected and used in performing the data analysis. The result has strongly supported the relationship between independent variables and project performance.
Keywords—Project Performance,
Management Involvement
I.
Leadership,
Top
environment and opportunities brought about by technological developments, the shifting boundaries of knowledge, dynamic market conditions, changes in environmental regulations, the drive towards shorter product life cycles, increased customer involvement and the increased scope and complexity of interorganizational relationships [5].
In reference to the emerging importance of projects, the widespread use of projects in organizations and in multiple industries today is the driving force in the search of critical factors that influence project success. There has been an increasing trend where core business activities are organized through projects [13]. Therefore, this research aim to investigate on key success factors of project management in an organization. It is believed
Key Success Factors for Managing Projects
Nader Sh. Kandelousi, Ooi. J., Abdollahi. A
Abstract—The use and management of projects has risen to a new prominence, with projects seen as critical to economic in both the private and public sectors due challenging and dynamic business environment. However, failure in managing project is encountered regularly, which cause the waste of company resources. The impacts of projects that failed to meet stakeholders expectations have left behind long lasting negative consequences in organization. Therefore, this research aims to investigate on key success factors of project management in an organization. It is believed that recognizing important factors that contribute to successful project will help companies to increase the overall profitability. 150 questionnaires were distributed to respondents and 110 questionnaires were collected and used in performing the data analysis. The result has strongly supported the relationship between independent variables and project performance.
Keywords—Project Performance,
Management Involvement
I.
Leadership,
Top
environment and opportunities brought about by technological developments, the shifting boundaries of knowledge, dynamic market conditions, changes in environmental regulations, the drive towards shorter product life cycles, increased customer involvement and the increased scope and complexity of interorganizational relationships [5].
In reference to the emerging importance of projects, the widespread use of projects in organizations and in multiple industries today is the driving force in the search of critical factors that influence project success. There has been an increasing trend where core business activities are organized through projects [13]. Therefore, this research aim to investigate on key success factors of project management in an organization. It is believed
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