Project management is a distinct discipline in its own right. However, there is still a lot of discussion about the definition of project success. Today I would like to contribute a little to this discussion, always with a view to practical application. I write from the point of view of engineering projects, but the fundamental structure of the definition of success in this area is relevant to most design applications, including product development, construction, aerospace, etc.
Projects are discrete but multidimensional activities that serve as vehicles for change. There are different definitions of success for them, and this makes comparison difficult. We can say that the success of a project refers to completion "on time, within budget, according to specifications", the success of the product produced or the success in achieving the planned business objectives.
But these measures are sometimes contested, making it difficult to determine whether there is a problem. Success is perceptual and perceptions vary according to the perspective of the stakeholder and the passage of time since the project was completed. Despite these challenges, we continue to reflect in order to unravel the problem of defining the success of a project. Only then can we progress and evolve in their management.
Let's think about some levels of performance criteria that allow us to evaluate a little better, such as management success, product success, business success and success of the process itself. We can also add one more: project delivery measures. Within these levels, the top is when the established objectives are achieved and the benefits accrue to the investing organization. In fact, these benefits are positioned so favourably for the organization that they generate many future opportunities.
I'll close by drawing our attention to the need to also consider the technical and managerial processes associated with projects. Because they are important at different times throughout the project life cycle. Project-based work, supported by best management practices, offers considerable utility to all areas of activity. As this discipline matures, we will continue to prove the convenience, usefulness and benefit of doing business and being managed with excellence. I appreciate and will always appreciate a definition of success that is nothing more than meaningful success for all of us involved.
