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  • Essay / Success and Failure Factors in Project Management

    In this literature review, the discussion focuses on the success/failures of project management. The industry's business model has seen many variations over the past few years, along with the major role technology plays in this industry. In this literature review, we will briefly explain the different reasons for success and failure of project management and also identify the major issues related to project management, organizations or clients who manage the project. Also, what is the role played by seniors, managers and stakeholders in the overall project management and the risk factors taken into account during processing at project levels. Success and Failure Factors of Project Management: Success Factors of Project Management: Project Management these are the techniques Tools, application to a wide range of activities to meet the requirements of a particular project. Project management helps organizations by standardizing routine tasks and reducing the number of potentially forgettable tasks. Researchers have suggested that projects should be considered successful when they are completed on or near the estimated schedule and budget and produce an acceptable level of performance. (MAHANEY ,R,&LEDERER,A 2011)• Commitment to the customer: It is essential to understand the customer's equipment to deliver the project on time with all the specific requirements.• Proper project planning: The plan should be prepared with as many details as necessary, including during the design process and its phases. The details must be clear and individual actions for the implementation of the project. • Executive support: This is the most important factor in which it is clear that the support of the executive director should be the most important middle of paper..... . problem causing for project management project. The result is poor design and development. Proper Training: If a new person enters the project without proper training, the project will fail. Proper training is the most important task in project management so that we can resolve some technical issues. Resource Management: If we are planning a project, we must be familiar with the entire project. Projects are mainly affected by risks and unforeseen events. Not using proper methodology: Any type of project requires a minimum methodology to determine the process, responsibilities in the company, roles and many more. Assessment techniques: Over the last few years we have seen a radical change. changes in information and communication technologies, but we encounter some technical problems. To overcome, we use some of the latest success factors so that we can rectify some project failures..