ITMG624_W6_Nance

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American Public University *

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412

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Business

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Jan 9, 2024

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docx

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7

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1 Project Success Nicholas Nance American Public University ITMG624 Dr. Mikell 12/24/2023
2 Abstract The success of a project is a multifaced accomplishment that incorporates timeliness, budget, and expectations to meet these objectives and deliver the final product. Project success differs between each project, however understanding the different factors of project success can lay the groundwork for success in each unique project encountered. Project management is vital to the success of a project, and project managers should lean on the factors that lead to success to provide them with a better avenue to approach. These critical factors to success can solidify communication throughout the team, clarify stakeholders' vision, and encourage engagement each with its unique part played in the overall success.
3 Project Success Project success cannot be attributed to one sole factor, instead, it encompasses a variety of factors with their unique characteristics that contribute to the potential success of the project. Completion of a project also doesn’t translate to total success, factors such as budget, and timeliness are just some of the many that can hinder the success of a project regardless of its completion or incompletion. While those factors dictate if the project is successful or no other factors can contribute to that dictation, these factors can involve effective communication, leadership, and encouraging stakeholder involvement (Juli, 2011). In summary, these factors will contribute to the overall planning and execution of project tasks in the pursuit of defined goals with considerations to time, budget, and project scope (Juli, 2011). Effective Communication Effective communication has a foundational place inside the success of a project with a multitude of layers underneath that illustrate what effective communication can look like. In essence, effective communication provides understanding, promotes collaboration, and maintains cohesion throughout the project team (Plowman, Diffendal, 2020). The success of communication is critical to a project; miscommunication can cause issues to arise that can be costly to a project. Failing to convey and comprehend project objectives or changes can put a project team in a bad spot to start the execution of objectives, however providing these changes and updates can ensure team members remain up to date with the most relevant knowledge to prioritize and execute their tasks. From a top-down perspective team members must understand the vision and reasoning behind the objectives and end goal for the project coming from the stakeholders and other key players in the project (Plowman, Diffendal, 2020). Lateral communication and collaboration are also vital to effective communication, project teams may
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