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Six factors for measuring the success of a project:
1. Schedule. Is there a hard deadline, or does the schedule relate to something else (budget, product launch date, etc.)? In the end, did you complete the project by the time it was due? Sometimes clients come to us with a hard deadline
2. Scope. What do you need to get done within the timeframe? Tony refers to scope as the “stars that align to bring the client, the team, and you together.
3. Budget. This is often the most important factor for many projects. In the end, did you stick to the budget? Did you come in way under budget? Your team should always know where they stand in terms of money spent
4. Team satisfaction. This is one that often goes overlooked in project management.
5. Customer satisfaction. Your clients might not be able to articulate exactly what they want, so often it’s your job to figure out what they’re looking for in order to make sure they’re happy with the end product.
6. Quality of work. The quality of one project often affects another, so it's important to always track quality and make adjustments to future projects accordingly. Remember, recommendations are like free advertising. If you deliver a strong product, your client will tell people about it, and that's where your next project should come from.
Very impressive answer by Mr. Ismael Hamad
I think following a few points should be answered to measure the success:
1. Relevance: how relevant our tasks have been.
2. Effectiveness: How Effective the work has been.
3. Efficiency: less resources and more progress was achieved.
4. Impact: after the evaluation what result should we expect.
Delivery of services thereby leads to client satisfaction.
Team's happiness and satisfaction.
successful planning and managing the team.
cost effective and quality deliverables.
getting additional business from the client based on the past good successful delivery.
My2 cents.
I agree with all the experts good answers. Thank you.
Watching & Follow .
There is not any perfect definition for any success then how to define success of management? This is the process, not a destination that we can say it success, but if you have made any target in your company that you want to achieve this and that turn over or that level of employee or any specific level of market cover or other such thing which you attain then it can be said that you have attain the success.
When always you are getting a Respect , an Evaluation and an Admiration by your staff , this is the gauge of your management success .
Satisfaction would be the only measure of success but only if it has a purpose.
I agree with the given answers. Thanks
Usually you would benchmark to them to objectives and outcomes.