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Effect of Project Planning on Project on Project Success with risk management and Organization Culture

Introduction

Project Management researchers since a long time have been trying to determine which projects lead to
project success according to (Cooke-Davies 2002) there are 12 factors associated with project success and
further elaborates that project success is not necessarily the same as project management success
(Todorović et al. 2015). The factors discussed include a mixture of maturity of company and its human
resource while also discussing the importance of up to date risk management and effective learning from
experience. Although time, cost and quality have traditionally been the key measure of any projects
success making the iron triangle of project success(Jack R. Meredith, Samuel J. Mantel 2000) in which a
project is considered a success when the cost is very close to the initial budget planned, the estimated
schedule is met, and all deliveries meet the requirements established by all parties involved in the project.
However, there is no consensus regarding the success criteria among researchers(AA et al. 2018). A well
planned project can also run into trouble thus no project is guaranteed to succeed the simplicity of
activates can cause unforeseen hurdles thus effecting the entire outcome of the project (Parker & Mobey
2004). Risk management is something that is kept in minds while project is in its planning stage and thus
efforts are made to best tackle different scenarios that might put a project at risk through risk
management practices (Brindley 2017).

According to (Papke-Shields et al. 2010) there are many variables that can affect success, such as the
context of the internal organization and the external environment in which a project is performed, and
can influence both the outcome and the success of a project (Papke-Shields et al., 2010). There are human
dimensions to nearly every one of the factors that have been identified (AA et al. 2018). It is not as if there
are some factors that involve processes, and others that involve people rather people perform every
process. Furthermore risk and uncertainty management has become an increasingly important topic of
discussion in the literature on project management.(Kethy Abraham (Author) n.d.) .Risk is the part and
parcel of any modern project with the volatile nature of today economy which caters to high risk high
reward scenarios. Organizational culture has a different impact on employee productivity at the level of
commitment (Ashkanasy et al. n.d.). Cultural differences have a greater impact on culture in areas where
cultural values far supersede the organizational structural values.Most researchers have studied
institutional influences at the organizational level. However, institutional pressures could also affect
individual behavior which Could affect project success (Owoyemi & Ekwoaba 2014)

GAP
Previous publication mostly focus on planning and risk management sides of project success and not much
light has been shed on the important relationship between risk management and organizational culture
of a project based engineering company further more not much effort has been made to pursue this cause
and effect based relationship.

In south Asian countries where cultural values play an important role in any manufacturing or engineering
environment this research intends to explore this gap in order to better provide a view of project success
while considering risk management and organizational culture as mediating and moderating variables. A
detailed study in growing south Asian economy where foreign investment is booming needs to be the
center of such a study and where a clear risk and cultural relationship needs to be associated with a
company’s success
Future

Since a company must take into account different cultural environment into account surrounding a
possible project they must anticipate all the economic and risk associated with these cultural variables .A
well define model is needed to be introduced that will allow the prediction of the effect of these variables
on a project success and how it might affect or alter the project planning stage.

For this purpose a detail study Is purposed that will take into account historical data of risk analysis in
different manufacturing environment and will try to find a cause effect relationship between
organizational culture and risk management policies of a company.

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