First of all let’s distinguish between the expressions “project management success” and “project success.” Project management success is primarily about producing the final deliverable as per specifications, on time and within budget, whereas project success is mostly about realising business case benefits, and achieving these are usually beyond the control of us project managers.
There are several predictors of project management success including the competence of the project manager, the project team cohesion, the adequacy of the original time and cost estimates, and the riskiness of the undertaking. Too little time and/or money make it very difficult for us project managers to achieve on-time completion within our approved budgets no matter how effective and efficient we are. And too little time and money is not uncommon. It is sometimes the consequence of poor estimating, unanticipated variations, rework and … Read More »