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Towards an Integrated Framework of Project Performance

Towards an Integrated Framework of Project Performance
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Author(s): Corlane Barclay (University of the West Indies, Jamaica)
Copyright: 2007
Pages: 3
Source title: Managing Worldwide Operations and Communications with Information Technology
Source Editor(s): Mehdi Khosrow-Pour, D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-59904-929-8.ch306
ISBN13: 9781599049298
EISBN13: 9781466665378

Abstract

Successful management of projects is an important value creating activity for organizations worldwide. Billions of dollars are invested annually in the creation of new systems, and processes to ensure some level of sustained competitiveness. These investments are usually assessed based on the triple constraints variables; scope, time and cost. This model is championed by the Project Management Institute (PMI) and is widely adopted within industries. As the project landscape changed over the last couple of decades due to factors such as globalization and increased competitiveness, it has become increasingly evident that this level of assessment is incomplete, and several researchers and practitioners have begun to question the popular performance assessment. Accordingly, researchers have begun to evaluate more realistic measurement of project performance and have posited perspectives on key project performance indicators. This paper provides a synthesis of project performance over the last decade and posits a measurement framework that incorporates information systems (IS) success models. The paper asserts that this approach may provide a more cogent perspective on project performance while providing industry analysts with an alternative measurement tool to value the state of art.

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