Question

Assuming that I'm working in Logistics & supply chain managements.

2 recources needed

We have all worked on projects whether formally (implementation of new software) or informally (planning a school program). Consider your experience on a project and what contributed to its success or failure. Perhaps it is the project’s completion on time, in scope, within budget limits, stakeholder satisfaction, increase in market share, quality improvement, or other business measures of success or failure.

Conduct research beyond your course materials and develop a position on what constitutes project success, and how measures of success might change for projects in for-profit, non-profit, government organizations, and for projects in international environments.

Answer 1

Project success as a concept is not judged on similar parameters. It does vary according to the type of project, kind of project and scope of project associated. As per my understanding of the topic, project success for me is how much value creation we have achieved by completing the project. I won’t analyze the project on cost, time and quality to decide whether it has succeeded or not. The value proposition of the project ad how much value it has added to the stakeholder of the project should be the parameter to judge the project. We can overrun cost and time during execution of the project but if the project finally added value to the organization, then the larger motive of the project achieved.

The measure of success may be different for organization like for profit organization, success will be how much profit the project contributed, for non-profit organization how much scope of the project achieved through the project, for government organization how much value the project added to the society and in international environment how the project is completed in time and cost.