Question

In: Operations Management

Projects are most likely to succeed when they have clear objectives, a realistic schedule and executive...

Projects are most likely to succeed when they have clear objectives, a realistic schedule and executive leadership.

What are several key project success factors? Is perception important, and why?

Solutions

Expert Solution

The main responsibility of project manager is to deliver a project successfully. There are several key project success factors-:

1)Critical success factors-Critical success factors make very important role in success of projects.Measure of all the terms such as 20% reduction is cost of raw materials by the end of full year.

2)Team Motivation-It is said that if your team will motivated the project will make an extra mile in the year.So this factor should be considered on very high priority and for this leader, should motivate the team by the means of communication skills.The main key for performing well is communication only.

3)Saying No!-All leader prefer its employees have a problem NO,to everything.This should be kept in mind,promise should be given when only you can deliver if not you are just problems for later on.

4)Risk Management-Risks should always be avoided,and avoid to have it in beginning of the project.On your term,always avoid to take risks from your side and best task to be done is to make log of project risk and give it to stakeholders.

5)Planning-Before starting any project always make a good plan for it and have proper time management  and planning have many benefits-:

-You have vision of your project

-It gives accurate costs of the project to spend and make of budget of it.

-It helps to get your team focused and helps to track of progress.

Yes perception is also important for the projects key success factors as it change the mindset to be a good leader and positive mindset that they can easily achieve it for the project manager and employees which help to make project in very good mannered way and make it a win.


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