Explain why successful projects start with accurate project definition Term Paper

Explain why successful projects start with accurate project definition and are delivered through open and adaptive project systems - Term Paper Example This is the reason why experts advise against closed systems, which do not present any level of adaptability. This paper will demonstrate that accurate project definition and the adoption of open and adaptive systems are factors that lead to the success of a project. Project Definition is a complex process that is defined by Kà ¤hkà ¶nen (1998, p. 625) as â€Å"The process prior to final investment decision-making†. This process has crucial element, which is the recognition of the clients or stakeholders’ necessities and â€Å"specification†. Specifically trying to understand the stakeholder’s needs in order to deliver an adequate outcome, with keeping into consideration the three main factors that will measure the performance of this project, which are time, budget, and quality; project manager and his team must be aware of this element and they should understand them clearly (Cano & Lidà ³n 2011, p. 528). This process considered a vital stage since all hazards that might emerge and is associated with the project will be examined (Neal 1995, p. 5). In order to fulfill and cover more aspects of the definition Walker highlighted an important side which most of the definitions lacked it. He mentioned the resources, w hich includes people who are a key factor to deliver the project. Since the projects cannot be achieved without managing people and by their work, it is essentially vital to include them in the definition (Gibson Jr & Cho 2000, p. 115). Kà ¤hkà ¶nen stated that in order to boost the possibility of achieving an effective project, there are two points; initially, there should be â€Å"strategic information† to make sure that the possessor has a clear and adequate knowledge of the chances that will lead to an effective project. Second, the fundamental venture execution plans must be considered as an important part of the definition. From the same point of view, Cano and Lidà ³n addressed it briefly as clarifying and building an accurate