Discussions on Project Management and Its Success: A Comprehensive Theoretical Review

Abstract

A project is commonly understood as a temporary endeavor to develop an original product or service over a specific period. Lately, a vast majority of people have recognized the importance of project management, which helps stakeholders execute project tasks effectively. This paper aims to discuss about project failure based on a case study of Titanic and also analyze the importance of triple constraint as well as leadership style. Qualitative methodologies are used to explore the definition of modern project management and critical elements contributing to project success. The referenced sources are various, including but not limited to peer-reviewed articles, professional online videos, and university lecture notes. This research paper finds that a successful linear project should focus on significant management knowledge areas under the triple constraint. In complex project management, effective leadership style also plays an indispensable role as strict management ability. This paper can be adopted as a typical case study for students who have just begun venturing into project management knowledge areas. Further research is recommended for collecting first-hand research data to support the current investigations, such as formal questionnaire surveys.