Document Detail

Title: RR161-11 - Factors Impacting Small Capital Project Execution
Publication Date: 5/1/2002
Product Type: Research Report
Status: Reference
Pages: 182
Smith, North Dakota State Univ.; Gao, Patterson, Iowa State Univ.
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Abstract

The focus of this project was on small capital projects whose characteristics, as defined by a combination of complexity, organization, work volume, and staffing requirements, require the use of modified project management and execution processes or procedures. Small projects are not easily definable. A monetary definition on the boundary of small projects was used in the research to assist in limiting the project scope. Projects were limited to between $100,000 and $2,000,000. It was anticipated that other organizations identify or categorize small projects based on factors other than simply the dollar value or have dollar value limits that would be significantly different. It was also anticipated by the research that management practices and procedures would be highly variable within the industry. The objectives of this study were established to refine the focus of the research to be accomplished by this project.