Adding Shareholder Value through Project Performance Measurement, Monitoring & Control

Abstract

We present the various views and methods of measuring and controlling project performance, and factors affecting a project. The review indicates that there is a shift in the type and understanding of factors of project success or failure. However, the presence of various measurement methods, in addition to diverse interest groups, makes performance decision-making more complex and subjective. A holistic and uniform measurement approach is suggested for both project appraisal and subsequent follow-ups.value management techniques;DCF techniques;accounting based methods;performance appraisal;project success or failure