PhD Final Thesis April 2013.pdf - Anglia Ruskin Research Online

Thesis Keith Gale 2013From this information, a project success index may be calculated for this researchusing the following formula:Project success index = ∑ (AS - MV) We(SV - MV)Where:Project success index = measure of success of a projectAS = Actual Score of the critical success factor being measured in accordance withthe measurement definitionsMV = Minimum percentage value of the critical success factorSV = Stretching percentage value of the critical success factorWe = Weighting of the critical success factorAny negative integers are valued at zero7.10 Expansion of the project success index for the five critical success factorsThe project success index formula is expanded into its full expression by inclusion ofminimum and stretching target values used for this research:Project success index =Where:(AS1A – MV1A) We1A(SV1A – MV1A)+ (AS2 – MV2) We2(SV2 – MV2)+ (AS4 – MV4) We4(SV4 – MV4)+ (AS1B – MV1B) We1B(SV1B – MV1B)+ (AS3 – MV3) We3(SV3 – MV3)Project success index = measure of success of a project or participantAS1A = Actual Score of the ratio for starting on timeMV1A = Minimum percentage value for starting on time (value = 75)SV1A = Stretching percentage value for starting on time (value = 100)We1A = Weighting of critical success factor for starting on time (value = 0.165)AS1B = Actual Score of the ratio for finishing on timeMV1B = Minimum percentage value for finishing on time (value = 75)SV1B = Stretching percentage value for finishing on time (value = 100)We1B = Weighting of critical success factor for finishing on time (value = 0.165)141