Project Evaluation

The purpose of project evaluation is to measure the “success” of a project. Accordingly, projects are evaluated on the basis of the indicators of success or failure such as profitability, competency, efficiency and future prospect.

The success of a project has been defined by different researchers through some models. One of such models was proposed by Shenhar et al. in 1997.

The following are the four dimensions of the project evaluation.

  • Project Efficiency
  • Impact on customer
  • Business success
  • Preparing for the future

These four dimensions of project success explain the purpose of project evaluation.

 

Project efficiency

It helps the project manager to know the actual performance of a project. Evaluation of project efficiency helps in comparing the actual schedule and budget of a project with its planned schedule and budget.

In addition, it is conducted to know the performance and efficiency of the team members and their commitment towards the goals and objectives of the project.

 

Impact on customer

It is the extent to which the project is able to fulfill the needs and demands of the customers. Project evaluation helps in measuring the degree of customer satisfaction from a product.

If the customers are satisfied with the product, they prefer the same product again in the future. Hence, factors such as loyalty and repurchase are considered in this dimension.

 

Business success

It helps the project manager in determining the competitive advantage of a project in terms of commercial success and market share.

 

Preparing for the future

It helps the project manager to determine the future potential of a project. It is however, a difficult task to determine the future potential of a project as the future is unclear and full of uncertainties. The main factors that are considered in this dimension are related to the opening of a new market, developing new products and services, developing new technologies and skill sets.

Another model used to measure project success was given by Roger Atkinson in the year 1999. According to this model, success of a project is divided into two stages, ‘the delivery stage’ and ‘the post-delivery stage’. The post-delivery stage is further sub-divided into two sub-stages, ‘getting it right’ and ‘getting them right’.

The stages of Atkinson’s model of project success are explained as follows:

  • The delivery stage (doing it right)
  • The post-delivery stage (getting it right)
  • The post-delivery stage (getting them right)

Sarav Author

Comments

  • dep

    (June 29, 2017 - 10:42 am)

    I like it. Great site, continue the good work!

  • pani

    (July 2, 2017 - 11:43 am)

    Great information. I have book-marked it for later!

  • Anonymous

    (July 4, 2017 - 6:30 am)

    Keep up the amazing work.

  • med

    (July 5, 2017 - 12:19 pm)

    This website truly has all the information and facts I needed concerning this subject.

  • heal

    (July 6, 2017 - 9:45 am)

    Many thanks for sharing!

  • Touche

    (September 28, 2017 - 9:43 pm)

    Solid. Keep up the good effort.

  • planner

    (September 29, 2017 - 8:58 am)

    Remarkable post, I have got much clear idea concerning from this post.

  • utey

    (September 29, 2017 - 8:42 pm)

    Howdy very cool site!! Guy .. Beautiful .. Superb .. I’ll bookmark your site and take the feeds also? I’m glad to search out a lot of useful info right here within the put up, we’d like develop more strategies in this regard, thanks for sharing. . . . . .

  • fin

    (September 30, 2017 - 8:46 am)

    Appreciating the commitment you put into your site and in depth information you present. It’s nice to come across a blog every once in a while that isn’t the same outdated rehashed information. Fantastic read!

  • empx

    (September 30, 2017 - 8:51 pm)

    I simply couldn’t depart your website prior to suggesting that I actually loved the usual info a person supply to your guests? Is gonna be back continuously to inspect new posts

  • boox

    (October 1, 2017 - 7:08 am)

    Hello! This is my first visit to your blog! We are a group of volunteers and starting a new project in a community in the same niche. Your blog provided us beneficial information to work on. You have done a wonderful job!

  • foniq

    (October 1, 2017 - 6:08 pm)

    This is very interesting, You’re a very skilled blogger. I have joined your feed and look forward to seeking more of your magnificent post. Also, I’ve shared your site in my social networks!

  • Qook

    (October 2, 2017 - 5:27 am)

    whoah this blog is fantastic i really like studying your posts. Keep up the great work! You already know, lots of individuals are hunting around for this info, you can help them greatly.

  • escho

    (October 2, 2017 - 4:51 pm)

    Pretty! This has been an extremely wonderful post. Thanks for providing this information.

  • cati

    (October 3, 2017 - 3:11 pm)

    Keep on working, great job!

  • mogjo

    (October 4, 2017 - 2:14 am)

    I’m really enjoying the design and layout of your website. It’s a very easy on the eyes which makes it much more enjoyable for me to come here and visit more often. Did you hire out a designer to create your theme? Fantastic work!

  • reeg

    (October 4, 2017 - 11:43 pm)

    I think the admin of this web page is in fact working hard for his web page.

  • wiga

    (October 5, 2017 - 10:07 am)

    I like the helpful info you provide in your articles. I’ll bookmark your weblog and check again here regularly. I’m quite certain I’ll learn many new stuff right here! Best of luck for the next!

  • ziordeo

    (March 28, 2018 - 9:27 pm)

    I simply want to mention I’m very new to blogging and certainly enjoyed this page. Almost certainly I’m want to bookmark your site . You certainly have incredible well written articles. Thanks a bunch for sharing your website page.

  • Pangilinan

    (May 3, 2018 - 7:34 pm)

    You certainly come with great article content. Thanks for revealing your website page.

  • Dorothy

    (June 4, 2018 - 8:27 am)

    Wow that was unusual. I just wrote an extremely long comment but after I clicked submit my comment didn’t appear.
    Grrrr… well I’m not writing all that over
    again. Anyhow, just wanted to say superb blog!

  • gatsby

    (July 16, 2018 - 10:21 pm)

    I’m quite certain I’ll learn lots of new stuff right

Leave a Reply to ziordeo Cancel reply

Your email address will not be published. Required fields are marked *