As a project manager, the main task of the project manager is to implement the project on time and within a set budget. However, that's not all when it comes to project success criteria.
In addition to the above conditions, the project manager must work closely with the customer and must ensure that the results of the project meet the client's expectations.
There are many parameters in the criteria for project success.
Key Performance Indicators
The first criterion for the success of the project is the provision of projects taking into account business factors. Key Performance Indicators (KPIs) are a method used to measure the benefits derived from a project.
They give an idea of the scope of the project. Performance indicators:
Established by customers at the beginning of the project and listed as a matter of priority.
Aligned with business goals.
Able to make critical decisions based on KPIs for the project.
Prove that you stick to the customer position.
It's a quantitative method, and it can be measured.
Established by customers at the beginning of the project and listed as a matter of priority.
Aligned with business goals.
Able to make critical decisions based on KPIs for the project.
Prove that you stick to the customer position.
It's a quantitative method, and it can be measured.
To create a successful project, criteria based on KPIs are not enough, and goals must be set. These set goals should be realistic and achievable at the end.
Project Manager's Decision on Project Success Criteria
The criterion for the success of a project begins with the initiatives taken by the project manager in relation to that project. This will increase the chances of the project becoming successful, as well as meet the expectations of customers.
A project manager who wants his/her project to be successful will be sure to reach out to buyers for feedback.
This approach will prove successful and will become a learning curve if any mistakes have been made. KPIs need to go hand in hand with business goals for a project to be considered a success.
Meeting customer expectations
Going the extra mile isn't just limited to customer service, it's also the magic word for project management. The most important and most important factor for the criterion of project success is exceeding the client's expectations, completing the project on time, budget and quality.
However, the project manager should take into account that this may be misinterpreted and may result in unnecessary costs. Ideas to make a product better than sticking to an original idea can be implemented with the approval of the client. For this to be successful, proper implementation must be implemented.
Success Factors
Success factors are the contribution of management to a successful project. They can be divided into five groups as follows:
Project Manager – A person must have a lot of skills under his arm to use him during a project.
Project Team – The team should consist of a variety of skills and experience. Overall, as a team, success is easy to achieve with the right leadership.
Project – The scope and timing of the project are critical.
Organization – The organization should provide support to both the project manager and the project team.
External environment — External constraints should not affect the project. You should create backup plans in case your team can't perform daily tasks.
Project Manager – A person must have a lot of skills under his arm to use him during a project.
Project Team – The team should consist of a variety of skills and experience. Overall, as a team, success is easy to achieve with the right leadership.
Project – The scope and timing of the project are critical.
Organization – The organization should provide support to both the project manager and the project team.
External environment — External constraints should not affect the project. You should create backup plans in case your team can't perform daily tasks.
The quality of the project should not be compromised under any circumstances, as this will alienate potential customers.
Further criteria for the success of the project
The criteria for a successful project are not limited to the above. However, below are some of the other supporting factors to consider when it comes to successful project management and execution:
- negotiation
- Correct and convenient project plan
- Assign tasks to team members
- Develop a plan to achieve common objectives
- Check and perform rework when needed
- Effective project risk management
- Taking the time to improve the process
- Learn from the Learning Curve
Correct evaluation of the project from the point of view of not only quantitative, but also qualitative
negotiation
- Correct and convenient project plan
- Assign tasks to team members
- Develop a plan to achieve common objectives
- Check and perform rework when needed
- Effective project risk management
- Taking the time to improve the process
- Learn from the Learning Curve
Correct evaluation of the project from the point of view of not only quantitative, but also qualitative
Conclusion
A project that should be considered successful requires proper planning and assistance from management. Exceeding the customer's requirements will lead to the success of the project.
Understanding business drivers and ensuring that the project is aligned with business goals will also contribute to success.
Aligning a KPI with a business goal will help project managers not only track, but also measure and improve performance.
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