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Success Factors in Management of Development Projects

Author

Listed:
  • Yovana Clarivel Surco-Guillen

    (Department of Organization Engineering, Business Administration and Statistics, Universidad Politécnica de Madrid, C/José Gutiérrez Abascal 2, 28006 Madrid, Spain
    Faculty of Science and Engineering, Pontifical Catholic University of Peru, 1801 Universitaria Avenue, San Miguel, Lima 15088, Peru)

  • Javier Romero

    (Department of Organization Engineering, Business Administration and Statistics, Universidad Politécnica de Madrid, C/José Gutiérrez Abascal 2, 28006 Madrid, Spain)

  • Rocío Rodríguez-Rivero

    (Department of Organization Engineering, Business Administration and Statistics, Universidad Politécnica de Madrid, C/José Gutiérrez Abascal 2, 28006 Madrid, Spain)

  • Isabel Ortiz-Marcos

    (Department of Organization Engineering, Business Administration and Statistics, Universidad Politécnica de Madrid, C/José Gutiérrez Abascal 2, 28006 Madrid, Spain)

Abstract

From the reports of the Inter-American Development Bank (IDB) Office of Evaluation and Oversight (OVE), a limited analysis of the factors affecting the execution of development cooperation projects was identified. Thanks to the review of scientific articles by renowned authors, effectiveness, relevance, competencies and motivation, sustainability, risk management, and additionality were evaluated using the analysis of relationships between variables and causality using IBM SPSS and fsQCA 3.0 software, respectively. As a result, a model was obtained that relates the components, factors, and roles that make up the stakeholder matrix. It was concluded that the effectiveness factor has a significant relationship with the success of a project; however, this could not be possible without a good development of sustainability and risk management, the latter being a necessary and sufficient condition for success in this type of projects. Currently, risk management has not only become a necessity nowadays, but the improvement of risk management will increase sustainability in project management, the main factors for the success of a project.

Suggested Citation

  • Yovana Clarivel Surco-Guillen & Javier Romero & Rocío Rodríguez-Rivero & Isabel Ortiz-Marcos, 2022. "Success Factors in Management of Development Projects," Sustainability, MDPI, vol. 14(2), pages 1-23, January.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:2:p:780-:d:722206
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    Cited by:

    1. Matt Andrews, 2022. "What is public policy success, especially in development?," CID Working Papers 415, Center for International Development at Harvard University.

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