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http://hdl.handle.net/1893/10155| Appears in Collections: | Management, Work and Organisation Journal Articles |
| Peer Review Status: | Refereed |
| Title: | Developing a value-centred proposal for assessing project success |
| Author(s): | Yu, Angus Gonghua Flett, Peter Bowers, John |
| Contact Email: | j.a.bowers@stir.ac.uk |
| Keywords: | Value and benefit Cost Time Quality Project success criteria Project conception Project execution Product operation |
| Issue Date: | Aug-2005 |
| Date Deposited: | 21-Nov-2012 |
| 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. https://doi.org/10.1016/j.ijproman.2005.01.008 |
| 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. |
| DOI Link: | 10.1016/j.ijproman.2005.01.008 |
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| File | Description | Size | Format | |
|---|---|---|---|---|
| Bowers_2005_Developing_a_value-centred_proposal.pdf | Fulltext - Published Version | 156.87 kB | Adobe PDF | Under Embargo until 3000-01-01 Request a copy |
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