OPTIMAL ALLOCATION OF PROJECT MANAGEMENT RESOURCES FOR ACHIEVING SUCCESS

The paper analyses three models developed to predict the probability of succes for a construction endeavor before it begins. Model studies show that the success of a construction project depends on many characteristics relating to the project manager's experience level, project team stability, level of control effort, and planning efforts. This paper analyses the models so that the impact of the project team, planning effects, and control efforts can be assesssed in terms of their overall effect on a specific project outcome. An investigation of the relative importance of the project team, planning, and control efforts on each of the 3 measures of success is discussed. The paper reviews pertinent project sample characteristics, as well as provides a robustness analysis of these reesults. The usefulness of these model results and some of the study limitations also are discussed.

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  • Accession Number: 00610738
  • Record Type: Publication
  • Files: TRIS, ATRI
  • Created Date: Jun 30 1991 12:00AM