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.

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Erasmus Research Institute of Management
hdl.handle.net/1765/191
ERIM Report Series Research in Management
Erasmus Research Institute of Management

Akalu, M., & Turner, R. (2002). Adding Shareholder Value through Project Performance Measurement, Monitoring & Control (No. ERS-2002-38-ORG). ERIM Report Series Research in Management. Retrieved from http://hdl.handle.net/1765/191