Iconic projects are virtually certain to fail.Discuss; illustrate your Essay

Iconic projects are virtually certain to fail.Discuss; illustrate your answer with references to recently completed trophy projects - Essay Example es need to be appropriately addressed by managers of projects worldwide: ‘a) the project mission, b) the top management support and c) the project scheduling’ (Schultz et al., 1987 in Belassi et al., 1996, 142). If these issues are taken into consideration when designing and implementing a project then it can be expected that this project will be led to success. On the other hand, it is supported that the success or the failure of projects in modern market can be depended on many factors – different criteria could be also used in order to decide on the success or the failure of a particular project at any stage of its development. In accordance with Diallo et al. (2004, 21) ‘success can be evaluated only when the evaluation dimensions are adequately defined; a project is usually considered a success if its implementation complies with the usual constraints of time, cost and the client’s terms of reference or ‘‘quality’’â€⠄¢. The above description of a project’s success refers only to the general aspects of project success; there is no reference to the benefits that a project may offers to the parties involved – i.e. even if a project cannot be characterized as successful in terms of the achievement of its targets still it could offer benefits to its creators/ developers – referring to direct or even indirect benefits (e.g. increase of the quality of life of people of a specific area because of the development of a specific construction project – the above project may be left uncompleted or it could be use for a different reason than the one defined by its developers). The importance of project management for the improvement of many aspects of human life around the world could be possibly understood only by referring to specific projects and their benefits for people within the international community. The definition of project given by Gasper (2000) could help identify the general aspects of projects in modern market. In accordance with