How do we define value, understand and measure success and identify the critical success factors of major projects?
Background
Our purpose is to continuously improve the way infrastructure and major projects are delivered, in order to support government priorities and improve people’s lives. We aspire to create the best performing project system of any country in the world. We measure how well the system is performing, so we can learn important lessons and continuously improve project performance over time.
Next steps
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Source
This question was published as part of the set of ARIs in this document:
Related UKRI funded projects
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Improving Project Delivery (Project X)
This research project is a collaboration between academia, industry and the non-ministerial department responsible for the oversight and effective delivery of major projects and programmes in government, the Infrastructu...
Funded by: ESRC
Why might this be relevant?
The project aims to improve project delivery and performance, which directly addresses the question of how to define value, understand and measure success, and identify critical success factors of major projects.
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Project Infrastructure Kickstart During COVID-19 Using Artificial Intelligence to Improve Project Success and Sustainability
Research shows an estimated 80% of projects fail to wholly achieve their outcomes in terms of time delay, budget overspend, and never realising the full anticipated benefits. Many existing projects have been delayed or d...
Funded by: Innovate UK
Why might this be relevant?
The project focuses on using AI to improve project success and sustainability, which directly addresses the question of defining value, understanding and measuring success, and identifying critical success factors of major projects.
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University College London and Heathrow Airport Limited
To develop and deploy a new Prevention and Appraisal Methodology and associated Dashboard which will increase construction project success rate and reduce in-project and post-project quality issues....
Funded by: Innovate UK
Why might this be relevant?
The project aims to increase construction project success rate and reduce quality issues, which partially aligns with the question but does not fully address all aspects mentioned.