Reference no: EM131234450 , Length:
This individual assignment requires you to identify a real world case and then based on the criteria you identified (from the literature) explain why the project either succeeded or failed. The subject intended learning outcomes (SILOs) that relate to this assessment task are:
- Identify project goals and deliverables, stakeholders and project-specific risks.
- Develop documentation to assist achievement of project objectives within time, cost and quality parameters.
- Understand the use and application of effective project management techniques throughout the project life cycle.
We often hear or read about various success and failure stories of projects. But what is success or failure and what criteria should organisations use to identify success or failure? What factors lead to a successful or failure project? Cleland and Ireland (2004) argue that since each individual or group of people who are involved in a project have different needs and expectations, they likely interpret their project's success in the context of their own way of understanding. Most times their assessment is not influenced to any great extent by the wider public perception (Lim and Mohamed, 1999). Thomsett (2002) provides as an example, the Sydney Opera House Project. The Sydney Opera House project went 16 times over budget and took 4 times as long to finish as had been originally planned. However, the final impact of the completed project was so big that no one remembers the original missed goals. Oddly enough the project was a big success for the people involved and at the same time a big failure from the project management perspective. This argument is also supported by Thomas and Fernandez (2008) who contend that while a project may go over budget and schedule (and deemed a failure) its success may be measured by the response to the actual use of the project over time.
On the other hand, the Millennium Dome in London was an example of a project that was completed on time and on budget, but in the eyes of the British people was considered a failure because it didn't deliver the awe and glamour that it was supposed to generate. In the same way that quality requires both conformance to the specifications and fitness for use, project success requires a combination of product success (service, result, or outcome) and project management success (Duncan, 2004).
The difference between criteria and factors is fuzzy for many people. The Cambridge Advanced Learner's Dictionary describes a criterion as "a standard by which you judge, decide about or deal with something" while a factor is explained as "a fact or situation which influences the result of something". The success or failure of a project can be judged differently by people based on their purposes and criteria. It is clear now that critical factors can lead to a series of events which ultimately meet the overall success criteria of the project, so they shouldn't be used as synonymous terms.
Kate Davis (2013), Roger Atkinson (1999), and Farzana Mir & Ashly Pinnington (2013), provide other insights into this topic and suggest many other criteria for success.
This assignment requires you firstly to identify a real world case: either a successful or failed construction, IT, business improvement, merger and acquisition, computer systems, new product development, market penetration etc. project. Then based on the criteria you identified (from the literature) explain why the project either succeeded or failed. There are many references on the theme of, for example, IT project success or failure (see references below), and hence you will need to do some research in your specific project focus area (examples are construction, business improvement, merger and acquisition, computer systems, new product development, marketing) to set up your criteria. You can select a case from secondary data available in the public domain or from within your own organisation. The report should include the following information:
- Background of the company and the project case which you have selected
- Discussion of standard criteria, grounded on the academic literature survey
- Identification and justification of the criteria you think appropriate
- Analysis of the case based on the criteria chosen
- Presentation of appropriate conclusions
- Provision of suggestions or recommendations in the event that the project should be re-run in the future
- Assessments must be submitted via LMS.
- Do not email the assessment to either the lecturer.
- Keep a backup of your submission. If your assessment goes astray, for whatever reason, you will be required to reproduce it.
- The assessment should be in one single MS Word document (PDF will not be accepted).
- A cover page must be included in your submission which presents assessment title and your name.
- The report must be properly constructed; it should contain all the necessary parts that a report is required to have.
- It is expected that all work submitted, will have been edited for spelling, grammar and clarity.
- You must use Harvard referencing style throughout your report.
- The word count does not include table of contents, references or appendices.
Try to select australian or indian company