Project Critical Success Factors

1357 Words Mar 18th, 2011 6 Pages
The 8 Key Factors are:
1. Business Case –
I agree that building a strong business case to be communicated and shared with the Project stakeholders/sponsors and Team members is of extreme importance. This is a task with extreme strategic value, as it will be linked to motivation for the entire team. When the team members know that the project is based on a solid business case, it serves to justify the utility and value of the project for the sponsors and the organization. Having project based on a strong business case will help to identify objectives, milestones and performance measurement tools that will serve as benchmarks along the project lifetime. It will also help identify concrete CSF.

2. Critical Success Factors –

CSF’s
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Therefore the selection of a project manager may need to take this into consideration. If the project manager has no previous experience in this regard, he/she may need to be coached or trained in negotiation skills.

6. Avoiding Scope Creep –
Avoiding Scope creep can be of strategic value as well. I agree with the author of the article in including this among the 8 key success factors of a project as it is a way to identify the risks that are associated with scope changes.
However, scope changes are a fact of life. Scope changes are very common within the cycle of any project. Scope changes occur throughout the entire life of a project and cannot always be avoided. In some organizations, or business models, scope changes are part of a very important process of increased revenue streams. Internal management may apply pressure to implement scope changes at any stage of the project. In fact, in some cases, in particular in the service or consulting services industry, it may even be part of the value proposition of the business.
It is important to know the organization’s business model and value proposition clearly, and to align the project scope changes accordingly. I must add the caveat here, that any scope changes should be carefully documented, tracked, assigned specific costs (financial and otherwise) and analyzed in order to
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