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Top 10 Project Success Factors |
Source: 2000 Standish Group Report |
| 18% | Executive Sponsorship |
An experienced project manager will understand the necessity of these components and try diligently to incorporate them into the project.
If they are not able to obtain the necessary executive sponsorship or user involvement, the project has at least a 34% chance of failure.
The majority of this list is cyclical and self-reinforcing.
For example, a standardized infrastructure and development methodology will increase the reliability of estimates and lessen the need to consistently reduce scope.
Methodologies and management approaches fall into and out of fashion, but sound project management principles endure. Our consultants have successfully managed projects for the last 10 years by pursuing these 10 Project Success Factors. Contact us today, and let us help you ensure your next project's success. |
| 16% | User Involvement |
| 14% | Experienced Project Manager |
| 12% | Clear Business Objectives |
| 10% | Minimized Scope |
| 8% | Standardized Infrastructure |
| 6% | Firm Basic Requirements |
| 6% | Formal Methodology |
| 5% | Reliable Estimates |
| 5% | Other Criteria |
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