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Key Factors to Successful Projects
January 19, 2009 | Author: PM Hut | Filed under: Project Management Best Practices
Key Factors to Successful Projects
By Clarise Z. Doval Santos
In my years of project management, I have noted key factors that led to successful projects:
- Executive Sponsorship
- Commitment of project team
- Capabilities (knowledge and skills) of project team
- Funding availability throughout project duration
- Effective planning and control techniques
- Team work of project team
- Clearly established project objectives
- Effective uses of project management process
- Good Communication
It is important to realize that things that happen during a project life cycle don’t happen in a vacuum. Changes that occur affect the whole project. Hence, when a scope is changed, time and cost are also affected. I have seen projects that have failed because budget was cut and the schedule and scope were not revisited. In this case, risk increased and customer satisfaction was affected.
The original post can be found here
Clarise Z. Doval Santos, PMP, CTO, InterActive Systems & Consulting, Inc. has over 20 years of experience in project and program management focusing on data warehousing, business intelligence, data analysis and software/systems engineering. Her career encompasses all aspects of designing, implementing and managing enterprise solutions including development and engineering of Decision Support Systems, BI suites, OLAP tools, Portals & Dashboards, Data Marts and Data Warehouses.
InterActive Systems & Consulting, Inc. provides professional and hosted services for project management, program strategy, IT architecture & technical evaluation for data management & analysis, SOA (Services Oriented Architecture), MDM (Master Data Management), SaaS (Software as a Service), BI (business intelligence), data base applications, data warehousing, and collaboration initiatives. We work at the intersection of waterfall, agile and community methods to transform distributed workgroups into cohesive, powerful implementation teams.
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