Defining Project Success

Discuss about the Transformational leadership and project success.

The term project success can be stated as a range of factors, which take into consideration, would be directly resulting in the success of the project.  There are few topics in the field of the project management that are frequently discussed by the main factors are not taken into consideration. It can be stated here at there are many projects, which due to the time constant as well as under budget, which were considered a failure, on the other hand, many examples exist in the project, which finished late and was over the budget, which hailed a mark of success. There can be the different approach towards the factor of the success. The main aim of the essay is to take into consideration the aspect of the term project success taking into consideration relating to the term the perspective of stakeholders and the direct influence of the project constants. The main factors, which are taken into consideration in this issue of achieving the success, are the time and budget aspect (Mir, F. A & Pinnington, 2014).

To explain the term project success, the main starting point would be to define the term project and then relating to it defining the term success, which is related to the concept. There are several definitions of the project, which is found in different places. The basic definition, which can be applied to the aspect, is that a project is an organisation’s people who are dedicated to the working of specific objective or purpose. The most project has involvement of expensive, large, unique or high-risk undertaking which has to be completed with a predefined budget and within a predefined period. At a minimum level, a project should have the necessary resources and should have a fixed objective and goal set according to which the overall project would be executed. A project should always include a defined beginning and an end, a series of interrelated and complex activities, a specific and predefined set of goals and a limited budget aspect. In the context of the project management , it can be stated that the evaluation of the process, which is related to the concept of the proper working of the project, should be done. This helps in making changes into the overall working of the project so that if any part were not working appropriately, it would be altered so that the end the project the project can be considered as a success.

Factors Contributing to Project Success

The term project success is changing as the field of project management is improving. Evidence has been founded out that additional elements have been added to formulate the aspect of the factors relating to the success of a project. The main factors, which are included in the concept, are the welfare and the satisfaction of the clients. The term client refers to the party for whom the project is intended to be developing for; this can be in the sector of internal as well as external to the working of the organisation. The project manager should incorporate some of the important elements, which have to be defined to make the level of client satisfaction increase. One of the most important considerations, which should be taken into consideration, is the proliferation of the project based on the organisation directly in the marketplace. The techniques related to the project management and the services related to it have been improved whose proper implementation can directly lead to project to success.

Different types of stakeholders can be unique before they can be-be implemented within the project’s success. The stakeholders directly involve different perspectives, attitude, and level of interest and motivations of the project. The level of involvement can be stated anywhere on the continuum (Serra, C. E. M & Kunc, 2015). The people in this aspect may be completely uninformed that they are the stakeholders and on the other hand, some of them know their position but are not much concerned about the overall outcome of the project (Ahimbisibwe, Tusiime & Tumuhairwe, 2015). This is where the management of the stakeholders come into play. The main goal of the analysis of the stakeholders is due to the factor that they can be affecting the overall success of the project.

One of the important factors, which play a dominating role in the aspect of accessing the project success, is the development of a program, which is adequate. There is a definite need for waiting until the project is delivered to the client and feedback is obtained from them until the decision is made whether the project is successful or not. The aspect of waiting until the project is made life and is functional the overall idea if the effectiveness of the project can be taken into consideration. On the other hand, in a context it can be stated that the waiting process should not be too long as to possibility exist of other factors of the organization influencing the business of the client where the determination of the relative impact of the project on the clients operation cannot be done (Joslin & Müller, 2015).

Importance of Stakeholder Management

For a project to reach its level of success the two main key themes that play a vital role, project and relating to it its client. The project before starting its implementation it should be taken into consideration that it is technically correct and that it can be performed according to the manner it was expected to do. The second point, which are taken into consideration, is that the project team should interface effectively with the organizations client to minimize the likelihood of the factor of acceptance. in model of project success. Each of the themes which are stated above can be directly be broken down into the factors mainly into three sub factors that can be directly measured in the project implementation profile (PIP) success instrument (Ahimbisibwe, Tusiime & Tumuhairwe, 2015).

In the context of the two themes, it can be stated that the success of the project is composed of two factors, which are external and internal factors. Internal factors include those type of variables which the manager of the project and the team under him exert control on a daily basis during the phase of the startup of the project and the development process. Example of these type o variables mainly includes a well-known aspect of the project such as budget, schedule and performance. The external factors in this context refer to those factors which is set variables which are related to the usage of the project, perceived impact of the project directly upon the organisation’s effectiveness and the level of satisfaction relating to the client towards the performance of the project (Aga, Noorderhaven & Vallejo, 2016).

The project constraints, which play a vital role in the sphere of the project, are the time and the budget issues. The two factors can be directly be related to each other in a way that if one of the factor is affected the other is also directly affected. The factor of the difficulty, which is faced by the project manager, is another point of emphasis, which detect the factor of success of the project. In any project management scenario at the initial stages, the assessment of the factors of success tend to directly revolve around the internal factor of the organization. The example of the factors includes schedule, project team inter-cooperation and productivity. The loop in the system represents the instances or the instances when the periodic assessment relating to the threats are made. Taking into consideration the threats if any discrepancy is seen in the sectors quite often the project is directly halted or back-upped. The result of such a situation is that the project is rebadged, reconstructed or sometimes send to scarp and no working would be done on it. During the process of development, the midpoint situation is the point of installation (Butticè, Colombo & Wright, 2017). By this time, it is estimated that the overall project schedule has been full filled and in this aspect, there are no issues, which are seen. At this point, it can be stated that the external factors would be growing in importance more and more due to the factor that the project is handed over to the client and would be now in the execution phase. As the time line continuous in the right path, the project can be seen to be more symbolizing, wavy and the difficulty would be increasing more, which would be based on the factors of the value and organizational effectiveness. The factor that the project would be now residing in the hand of the client, the client’s organisation and the current state relating to the operation will continually affect the overall aspect of the project. It can sometimes be seen that the project would be halted initially as an important breakthrough and down the road becomes obsolete. On the other hand, the projects, which were considered as a waste of money, would be now viewed as being very much important to the organisation and be considered very much success (Trendowicz & Jeffery, 2014).

Measuring Project Success with Implementation Profiles

The project implementation profile, which is also abbreviated as the PIP, is tested and developed as a mean of measuring generalised success measure. It can be stated here that the project manager should be familiar with the use of the concept for achieving the means of the practical monitoring device. As stated above it can be stated that the measure is designed into two parts, which are namely the project and the client (Ahimbisibwe, Tusiime & Tumuhairwe, 2015). Future more after this aspect the overall success can be measured. After this process, the overall score of the project can be taken into consideration and statement that the project is successful or not can be judged. Due to the factor of facing difficultly in the detection of the exact time relating to the decision whether the project can be termed as a success or not, the project manager has to take necessary steps of assessment throughout the life cycle of the project. When a project is seen to be satisfied from the end of the customer and good feedback is provided from their end a project can be considered a success (Serrador & Pinto, 2015). To a project reach the desired rate of success it should be taken into consideration that the project manager and the team members work together reaching the success of the project. The role, which is played by both of them, is considered equally important.

Conclusion

The concept, which is applied to the process of project success, can be considered very much complex and often referred to as illusory construct. It can be stated here that the concept of the progress success is very much important for the effective project implementation. The above essay presents a precise explanation of the definition of a project, which are successfully drawn from the perspective of the stakeholders and the influence of the project constraints. There are different factors, which can be involved into the aspect of a project being stated as successful, and all the factors should be matched up together so that the project can be stated as a success. The main factors which can be stated to be an important factor in which a project can be stated to be successful are the factor of time and cost. If a project maintains the factor of time and costs it can directly help in achieving the success of the project. Other factors are also there such as the influence of the stakeholders and the working of the team, which can be considered factors, which come after the aspect of time and budget. The role of the project manager and the stakeholders also play a vital role in a project reaching the desired level of success.

References

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