09 February 2016

Strategic Management: Critical Success Factor (Definitions)

"A brief listing of what should be monitored closely on an ongoing basis to ensure that the project is proceeding adequately. Also known as the project vital signs or metrics." (Timothy J  Kloppenborg et al, "Project Leadership", 2003)

"Those things which must go right for the organization to achieve its mission." (Tilak Mitra et al, "SOA Governance", 2008)

[success criteria:] "According to cybernetic theory, in a feedback loop the set point that determines the extent to which a system process meets its process objective. This must be expressed in terms of either a 'Minimum value' or a 'Maximum value' of an attribute." (David C Hay, "Data Model Patterns: A Metadata Map", 2010)

"An element that is necessary for an organization or project to achieve its mission." (Janice M Roehl-Anderson, "IT Best Practices for Financial Managers", 2010)

[success criteria:] "A measurable result the project has to deliver in order for the customer to say the project is a success." (Bonnie Biafore, "Successful Project Management: Applying Best Practices and Real-World Techniques with Microsoft® Project", 2011)

"Activities that your business undertakes with the aim of meeting strategic long-term goals. CSFs are measured with performance indicators." (Gina Abudi & Brandon Toropov, "The Complete Idiot's Guide to Best Practices for Small Business", 2011)

"One of the few most important prerequisite conditions necessary for an enterprise to reach its goals." (DAMA International, "The DAMA Dictionary of Data Management", 2011)

"The most essential factors that must go right or be closely tracked in order to ensure an organization's survival and success." (Linda Volonino & Efraim Turban, "Information Technology for Management" 8th Ed., 2011)

[success criteria:] "Specific and unequivocal statements that indicate how the project manager or project sponsor will know that a project achieved its goal, often reflecting strategic business goals." (Bonnie Biafore & Teresa Stover, "Your Project Management Coach: Best Practices for Managing Projects in the Real World", 2012)

"The requirements for strategic success in a particular industry at a particular point in time." (Duncan Angwin & Stephen Cummings, "The Strategy Pathfinder" 3rd Ed., 2017)

"Sources of competitive advantage within an industry." (Robert M Grant, "Contemporary Strategy Analysis"10th Ed., 2018)

"The key things that the organization must do extremely well to overcome today’s problems and the roadblocks to meeting the Mission and Vision Statements." (H James Harrington & William S Ruggles, "Project Management for Performance Improvement Teams", 2018)

"An element necessary for an organization or project to achieve its mission. Critical success factors are the critical factors or activities required for ensuring the success." (ISTQB)

"something that must happen if a process, project, plan or service is to succeed" (ITIL)

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