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Project Management: Critical Success and Failure Factors, Lessons Learnt, and Recommendations

   

Added on  2023-06-10

9 Pages2936 Words387 Views
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Project Management
Project Management: Critical Success and Failure Factors, Lessons Learnt, and Recommendations_1

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Critical Success and Failure Factors.......................................................................................3
Lesson Learnt.........................................................................................................................5
Recommendations..................................................................................................................6
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................8
Project Management: Critical Success and Failure Factors, Lessons Learnt, and Recommendations_2

INTRODUCTION
Project management refers to the process of leading team in an order to achieve the
objectives and goals within the given time period. There is a need for the following project
documentation as by which all the goals or objectives are clear and primary constraints are time,
budget and scope (Carneiro, Silva and Alencar, 2018). It helps the company in order to assign
the responsibilities and roles to the members of team which helps to carry on the work in an
effective and efficient manner. It is the application of methods, processes, knowledge, skills and
experience in order to achieve the objectives of the specific project within agreed parameters
according to the project acceptance criteria. In the present report, Salisbury House project has
taken into consideration which provides the collection of education, historic house museums,
event organisation services and other cultural benefits. In this report based on the assessment 1
critical success and failures will be analysed. In addition to this what the company has learnt will
be explained and furthermore to this, recommendations will be given. Apart from this, lastly the
reflective report of the project will be given considering the career path in project management
highlighting the skills.
MAIN BODY
Critical Success and Failure Factors
Success Factors:
Internal Leadership: The skills, legitimacy and dedication of people who take internal
leadership in bringing up the community is the most important factor in order to longevity and
determining the quality of the community. In context to Salisbury House Project, when it is
starting a new community, finding members who are willing and ready to take on a leadership
role in order to nurturing the community is the most necessary step (Haidabrus, Grabis and
Protsenko, 2021).
Clear goals and objectives: It is important for the company to get successful in its business
operation for that it is necessary to determine the company's mission and its long and short term
goals. In context to Salisbury House Project, it makes sure to establish the strategic goals which
can influence positively impact on the company. Once it knows the company's goals and mission
Project Management: Critical Success and Failure Factors, Lessons Learnt, and Recommendations_3

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