Rank the determinants of project success from most important to least important and justify your rankings
What will be an ideal response?
Answers with regard to ranking may vary since, for example, circumstances may dictate that time is an overriding concern at the expense of quality and cost. The determinants of project success are: conformance to budget, schedule, performance specifications, and client acceptance.
Time — Projects are constrained by a specified timeframe during which they must be completed; they are not supposed to continue indefinitely.
Cost — Projects must meet budgeted allowances in order to use resources as efficiently as possible.
Performance — Projects are developed in order to adhere to some initially determined technical specifications. Performance measurement means determining whether the finished product operates according to specifications.
Client acceptance — Projects are developed with customers in mind; their purpose is to satisfy customers' needs. If the completed project meets all internal criteria but does not satisfy the customer, then the project has not been a complete success.
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