1. Setting the success criteria to evaluate project success Tiina Lell 14.05.2014

2. Five main processes of project management Initiating Planning Executing Monitoring Closing Evaluation

3. IT projects statistics

4. How success is evaluated? http://thecriticalpath.info/wp-content/uploads/2008/05/triple.png

5. IT projects statistics

6. Success is difficult to define Sponsor Project Manager / Team User Value for organization Get what was asked On time Product On budget On time Features of the product Easy to use Makes work easier SUCCESS

7. Process - related criteria: 1)Time: Did the project come in on schedule? 2)Cost: Did the project come in according to budget? 3)Product: Did the project result in a product of acceptable quality and meet other product-related specifications? Outcome - related criteria which were 1)Use: Were the project's resulting products/services used by its intended constituents? 2)Learning: Did the project increase stakeholder knowledge and better prepare the organization for future challenges? 3)Value: Did the project lead directly to the organization's improved efficiency or effectiveness? Evaluation should include both process and outcome criteria http://www2.commerce.virginia.edu/cmit/Research/MISQE%209-05.pdf

8. Stakeholder Rankings & Ratings of Success Criteria for 15 projects http://www2.commerce.virginia.edu/cmit/Research/MISQE%209-05.pdf

9. Setting the success criteria Identify and agree what success means to all stakeholders at the beginning of project When defined, write them down, so everybody involved understands them similarly Keep in mind is that success criteria should be simple and attainable Regularly measure progress and performance against the success criteria

10. Why bother? To ensure that you meet your aims and objectives To know if what you are doing works and is appropriate To give information and input to run projects more effectively To increase knowledge and improve skills of people involved in project

11. Evidence from research Data was gathered from 36 companies from Australia if and how they measure IT project success and their confidence in IT projects The practices used to define and measure success were compared across groupings of self assessment rating Companies that defined success beforehand and then measured results after, had greater confidence in IT project outcomes. There was no one „best method“ for defining and measuring success. However: ▫ Companies that did so, effectively used a balance of both project management success and business success criteria. ▫ They agreed on the definition of success before a project and focused on the delivery of benefits to the company. Study found that the very act of defining and measuring IT project success contributed to success itself. http://www.sciencedirect.com/science/article/pii/S0263786308000835

12. Conclusion Projects can be successful on many levels, and a failure on one level does not instantly mean the failure of the entire project. And regardless of the level of success or failure - analyzing every project creates benefit in the form of learning.

13. Thank you!