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Project Manager perceptions of the value of organisational project management

Friel, Padraig (2017) Project Manager perceptions of the value of organisational project management. Masters thesis, Dublin, National College of Ireland.

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Abstract

The purpose of this research is to investigate the effectiveness of organizational project management in delivering project value and from a project manager’s perspective is the framework delivering project success. The world of project management has changed over the last twenty years to meet the changing demands required by organizations, who are applying leaner operation models with fewer resources, risk adverse, project constraints and restricted budgets to deliver projects. Consequently the need for management within organisations is to focus on choosing the right projects to add business value, benefits and return on investment is more important now than ever before.

There are three themes to be addressed. The first theme is what are the success factors required in the project life cycle phases to deliver the project objectives, The second theme is the value of organizational project management is a strategy execution model in improving project success rates (Portfolio, Programme, Project Management alignment).The third theme is academic and industry research confirms that there is still a high level of project failures across all industry sectors (Average success rates are at 30% while failure rates are at 70% according to Project Management Institute Studies and Standish Reports).The research selected was a qualitative approach in using semi structured interviews in order to answer the research themes. The processes involved interviewing five project managers who have over ten years experience each and are working in a range of industries. The interviews were done on one to one basis, carried out at neutral venues, a series of questions were asked based on the three themes and the interview process was 20 to 30minutes duration.

The findings highlighted key issues in relation to value of organizational project management; the value of organizational project management applied to projects is poorly understood by senior executives, poor application of business strategies aligned to project selection, project success factors are subjective and open to misinterpretation by stakeholders, the triple constraints of time, cost and quality are no longer suitable for the today’s business environment and organizations who have developed project management standards, practices and processes over the years, have greater project success rates.

Item Type: Thesis (Masters)
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management > Strategic Management
Divisions: School of Business > Master of Business Administration
Depositing User: CAOIMHE NI MHAICIN
Date Deposited: 21 Nov 2017 11:27
Last Modified: 21 Nov 2017 11:27
URI: http://trap.ncirl.ie/id/eprint/2872

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