Factors affecting the success and failure of projects
Taussi, Suvi (2023)
Taussi, Suvi
2023
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-202305017019
https://urn.fi/URN:NBN:fi:amk-202305017019
Tiivistelmä
Projects are today. Information on project management is available for everybody and competent project workers exist; still, many projects fail. The purpose of this thesis is to focus onto the elements of project management with the help of a theoretical reference framework and, to find out with the help of literature review what are the things that optimize the success of the project and on the other hand, what are the things that contribute to the failure of the project.
The theoretical part of the thesis progresses from the initiation of the project to the implementation and ending of the project. The thesis goes through the project implementation process and the most important aspects of the different parts of the process. In addition, the theoretical part tells about the most critical entities in terms of project management. The theoretical part ends with a summary of various studies that have examined the factors affecting the success and failure of the project.
The research part of the thesis was performed as a literature review. The material included a total of fifteen articles, studies and reports. Based on the literature review, the most essential things related to the success of the project were successful communication in the project, active monitoring of tasks and project progress, and the existence of clear goals. Customer satisfaction, a competent project manager and a motivated project team were also mentioned as factors influencing the success of the project. Based on the analysis, poor communication, failure of risk management, poorly implemented plans or the absence of plans, and the project's too large scope emerged as the factors that significantly affect the project failure.
The theoretical part of the thesis progresses from the initiation of the project to the implementation and ending of the project. The thesis goes through the project implementation process and the most important aspects of the different parts of the process. In addition, the theoretical part tells about the most critical entities in terms of project management. The theoretical part ends with a summary of various studies that have examined the factors affecting the success and failure of the project.
The research part of the thesis was performed as a literature review. The material included a total of fifteen articles, studies and reports. Based on the literature review, the most essential things related to the success of the project were successful communication in the project, active monitoring of tasks and project progress, and the existence of clear goals. Customer satisfaction, a competent project manager and a motivated project team were also mentioned as factors influencing the success of the project. Based on the analysis, poor communication, failure of risk management, poorly implemented plans or the absence of plans, and the project's too large scope emerged as the factors that significantly affect the project failure.