Budget: A Measure of Project Success

Abstract

Projects are created and planned with the intention of achieving a specific aim that refers to the project's client's requirement or desire. As a result of the diverse interests of other construction professionals and stakeholders, the goals of the projects have multiplied, necessitating an examination of the participants' perspectives. These objectives are referred to as project success, performance, or delivery measures, variables, methodologies, criteria, indices or qualities. Various elements influence the success of any building project in general. Project characteristics, contractual arrangements, project participants and interactive procedures are some of the categories. This chapter discusses the importance of budgeting in determining project success, concluding that a project cannot be considered successful without proper budgeting.

Citation

Oke, A.E. (2022), "Budget: A Measure of Project Success", Measures of Sustainable Construction Projects Performance, Emerald Publishing Limited, Leeds, pp. 99-105. https://doi.org/10.1108/978-1-80382-997-520221024