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Appears in Collections:Management, Work and Organisation Journal Articles
Peer Review Status: Refereed
Title: Developing a value-centred proposal for assessing project success
Authors: Yu, Angus Gonghua
Flett, Peter
Bowers, John
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Keywords: Value and benefit
Project success criteria
Project conception
Project execution
Product operation
Issue Date: Aug-2005
Publisher: Elsevier for the International Project Management Association (IPMA)
Citation: Yu AG, Flett P & Bowers J (2005) Developing a value-centred proposal for assessing project success, International Journal of Project Management, 23 (6), pp. 428-436.
Abstract: This conceptual paper proposes a value-centred approach to measuring project success. The paper adopts a product-based project definition and a corresponding project lifecycle model. After reviewing briefly the literature, the paper defines the concepts of the net project execution cost (NPEC) and the net product operation value (NPOV). Twelve possible project outcomes are outlined based on values of NPEC and NPOV at project completion compared with their initial estimates. The proposed scheme potentially enables project stakeholders to reach the same project success or failure verdict. It also addresses many issues hitherto encountered in the quest for project success criteria.
Type: Journal Article
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Rights: The publisher does not allow this work to be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study.
Affiliation: Management Work and Organisation
Management Work and Organisation
People Centred Healthcare Management

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