Analysis of Project Management: Cost, Time, and Quality Report

This report analyzes project management, focusing on cost, time, and quality as key components. It discusses the evolution of project management and the need for new success criteria beyond traditional metrics. The report references Atkinson's work, emphasizing the importance of considering both time and cost, as well as the quality of the project. It highlights the importance of measuring project success through implementation, customer impact, and future preparation. The report also discusses the use of Rapid Application Development (RAD) and stresses the importance of evaluating projects post-delivery and making sure the project meets the needs of the customer. The report also explores the two types of errors that can occur in IT-IS projects and that the project managers must deliver results. Overall, the report stresses the importance of adapting to evolving project management practices and the need to ensure that the projects are successful. The report emphasizes the importance of not only measuring success, but also the implementation of the project.

Component 1
Project management: cost, time and quality is a report of research work conducted by the Roger
Atkinson in which he defined Project Management as the application of a collection of tools and
techniques by using diverse resources by accomplishing task within time, cost and quality
constraints. However, the author suggested that the project management is an evolving
phenomena and therefore needs to adopt some more factors so that the visions in the
organizations could be converted into reality. Which is why, Atkinson says, project management
continues to fail. The author feels the need to find the new criteria as to how to realize successful
projects. He said there are two types of errors that are needed to be defined when it comes to IT-
IS projects. Type 1 – when something is done wrong and type 2 – when something is forgotten.
In order to ensure the success criteria, it can be understood that some projects have time and
costs as the prime objectives, while for other projects such as life critical systems, quality would
be the overriding criteria. So, measurement of process criteria is what indicates the efficiency.
Author also suggested that project management and organizational success cannot be linked as
these two have different criteria. Therefore, it is important to evaluate the post deliver stage of
the project and the three criteria in the post-delivery stage are impact on customer, measurement
after implementation and preparation for the future. Project management today is needed to be
analyzed quickly because the modern day project managers are expected to deliver the results.
This pertinent need has developed a mechanism called Rapid Application Development (RAD).
Atkinson reconciles with and agrees with the findings of other researchers and reiterates the
workable criteria as Iron Triangle, cost, time and quality along with the new methods of
measuring success of project management implementation.
Reference
Atkinson, R. (1999). Project management: cost, time and quality, two best guesses and a
phenomenon, its time to accept other success criteria. International Journal Of Project
Management, 17(6), 337-342. http://dx.doi.org/10.1016/s0263-7863(98)00069-6