project success Group members Hamna Mohsin raza Fazeela Nawaz Zeshan Ehsan Danish Ejaz Topic outline Introduction Literature review Factors that effect on project • Risk • Stakeholders • Lack of support from top management • Commitment of stakeholder • Weak commitment with team Introduction Due to faller of overlooking possible risk in most projects, many companies suffer usually wastage of resources. according to the research 20% of IT project are cancelled before its complication, only one third of IT project are archived and are completed well on time and budget Risk in project can be divide into three types: 1. project management risk, 2. social subsystem risk 3. technical risk. Introduction In Pakistan context, in project there are number of stakeholder who provide resources in order to effectively in project. According to research 83% project fail in teams of delay because unrealistic commitment are promised to get project in bulk or realistic commitment are not full filled . leadership of project manager play an important role in the success of project. it is the duty of the manger that manger get out of best of his team which delicately lies between the manager and success of the project. introduction According to Marks, Zaccaro & Mathieu Past leadership studies have noted that leader communication of enriched task information to the team results in high group effectiveness Project success is not the same as project management success. A project is an interrelated set of activities with a definite starting and ending point, which result in a unique outcome for a specific allocation of resources. The definition specifies that a project is a “temporary endeavor” signifying that there is a definite end date. Literature review Following are some other factors include in the success of project according to past articular and authors Everyone ‘needs to pull the oars in the same direction, if not, the project won’t initiate’. Such situation is arise, when the purpose and advantages are not coherent and communicate then the stake holder of the parent project as they are the ones who provide resources as well as support for the project ,soon withdrawn from the project. Literature review Forture & White (2006) found that employee training as a success factor in uk government project however another researcher critic on White and says that in their study of development project found that capacity building including ‘employee training’ had no effect on project success .(khang & moe , 2008) Two researcher looked at 40 years of literature on project success and found it could no longer be viewed in the narrow confines of the “iron triangle” (scope, time & cost). (Jugdev and Muller, 2005) Literature review There are two factors project efficiency and impact on customer that are common in project success. Organization should develop the capabilities to take on new project and achieve this by papering for future dimension (Andersen, Dyrhaug, & Jessen, 2002; Shenhar & Dvir, 2007). Thomas & Fernández (2008) studied the definition and measurement of Information Technology project success in Australian companies and concluded that the project success is influence by the way organization define and the measure of success. He also says that trams are more likely to achieve the project if they are provided by the clear way of define and measure of success Literature review According to Lipvostick,tisher,diver project success in defense industry identify that four success factors or dimension 1. meeting design goals 2. benefit to the customer 3. benefit to the developing organization 4. benefit to the defenses and national infrastructures Factors that effect on project success Following are the factors that effect on project success 1. Risk 2. Stakeholder 3. Lack of support from the top management 4. Commitment of stakeholders 5. Weak commitment with team members 1. Risk There are three kinds of risk in a project that effect on project success 1. Project management risks 2. social subsystem risks 3. technical subsystem risks complex systems, new technology or lack of expertise such kind of risk can be arise. To avoid such risk in projects , management should take an effective risk management policy 2. Stake holder In Pakistani context, projects have a number of stakeholders that contribute their resources in order to efficiently deliver the project. Problem is that actual demand of resources > available resources This means that the forecasted sales may not always be equal to the actual level of production as well as the level of employment. To avoid such problem manger should 1. Stakeholders have to be committed 2. each stakeholder is fully involved in the project 3. Lack of support from the top management The Lack of support from the top management can be termed as the early warning sign which can cause demotivation amongst the employees (Leon, Kappelman, McKeeman and Zhang; 2006). When a bottom up approach is applied in the management function of an organization then such problem is arise