Yu, Angus G. and Flett, Peter D. and Bowers, John A. (2005) Developing a value-centred proposal for assessing project success. International Journal of Project Management, 23 (6). 428–436. ISSN 0263-7863Full text not available in this repository. Request a copy from the Strathclyde author
This conceptual paper proposes a value-centred approach to measuring project success. The paper adopts a product-based project definition and a corresponding project lifecycle model. After reviewing briefly the literature, the paper defines the concepts of the net project execution cost (NPEC) and the net product operation value (NPOV). Twelve possible project outcomes are outlined based on values of NPEC and NPOV at project completion compared with their initial estimates. The proposed scheme potentially enables project stakeholders to reach the same project success or failure verdict. It also addresses many issues hitherto encountered in the quest for project success criteria.
|Keywords:||value and benefit, cost, time, project success, project organizational models, Management. Industrial Management, Business and International Management, Management, Monitoring, Policy and Law, Management of Technology and Innovation|
|Subjects:||Social Sciences > Industries. Land use. Labor > Management. Industrial Management|
|Department:||Strathclyde Business School|
|Depositing user:||Pure Administrator|
|Date Deposited:||11 Dec 2015 01:11|
|Last modified:||21 Apr 2017 08:40|