[Solution]Project Success or Failure

Question 1 Research the Internet and locate an article(s) that discusses factors to project success or failure. Identify 2-3 factors and elaborate on them to…

Question 1
Research the Internet and locate an article(s) that discusses factors to project success or failure. Identify 2-3 factors and elaborate on them to your peers. Note don’t just copy and paste – synthesis into your own words.
Answer:
A project success is when a project achieves all the goals and objectives that were pre-defined within the allocated time and within the allocated budget. There are several factors that affect the project success or failure.
a. Preparation and Planning: Before even starting any project, it is very crucial to have a well-defined project plan laid out. This helps to check whether the project is on track or not at any point of time.
b. Leadership: It is very vital to select the best team and leadership. Every project requires a leader that leads the project and at all the times identifies the opportunities to guide the project in the correct direction to achieve project success.
c. Knowledge: This plays a very important role in any project. Appropriate knowledge and experience always help to make decisions that ensure project success. The team-members that are highly knowledgeable and experienced share the same enthusiasm to steer the project towards success.
 
 
 

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