Successful Project

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Unzorna19

Business Finance

Description

In a 2-3 page paper, discuss how a project manager determines whether a project is successful or not. Make sure to discuss project elements such as: Budget, project milestones, Human Capital and customer satisfaction.


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Explanation & Answer

Find attached.

HOW TO DETERMINE A SUCCESSFUL PROJECT

How to determine a successful project
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1

HOW TO DETERMINE A SUCCESSFUL PROJECT

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How to determine a successful project
Project managers have the sole responsibility of overseeing the project from the start to
the end. They often wonder if they measure the right aspects of the project to determine its
success or failure. Each project has objectives and targets which should be met at the end of each
phase, therefore; success is determined by measuring the achievements against the objectives and
targets. There are several indicators of success or failure as the project continues and these can
be determined by evaluating hard metrics such as delivering the project as per the schedule,
within the budget, customer’s satisfaction and human capital.
Budget
Budget is a vital f...


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