Investigation of Possible Dominance of Factors Affecting Project Success

Abstract

The bottom-line of project management is to produce the deliverables successfully. However, the various participants may interpret the term 'success' differently, and they assess the result of the project along with different indicators. A traditional, widespread, and clear set of indicators for the project managers are the time-cost constraints with the goal achieved in the right quality. Since the prediction and interpretation of success is a far more complex problem, researchers and experts have long been trying to answer the most critical questions relating to the success and failure of projects. Firstly, this paper provides a summary of how the traditional success approach evolved and how the researchers tried to extend the basic model and to grab its complexity. Secondly, the research goal is to formulate a research question on the possible dominance and effects of the factors. Finally, the authors develop the process and collect the possible mathematical-statistical tools supporting the previously mentioned goals. The founding of the research question in this article can lead to original assumptions, which highlights an area of research on the success that has not been explored so far. According to our intentions, this article lays the foundations for a thorough and comprehensive analysis for understanding better