Abstract:
The purpose of this study is to clarify the effectiveness of project planning on project
success that is achieved by reviewing the relationship at the conceptual model that created
based on stakeholder theory, project success framework, and literature review in the
concept of planning, project management and project success.
This study used the online quantitative cross-sectional survey with 30 questions to collect
the data from project managers (n=139) without limitation on industry and location. The
Confirmatory Factor Analysis, Structural Equation Modelling, and multiple regression
statistical analysis were used to analyse the data.
Findings presented the positive statistical relationship at a 95% confidence level between
1) Time management and project management satisfaction 2) Cost management and
Project management satisfaction, and 3) planning and project success. Managers can use
the time and cost management constructs to satisfy their stakeholders and achieve project
success.
This study contributes to the current literature on project success, also add new insights on
both time and cost management, as well as project management satisfaction. Moreover,
business domains can use the results of this study to better understand investment
requirements in planning for their organisations.
