Unlocking Project Success through Benefits management: A Mediation Model of Team Cohesion and Effective Communication
Keywords:
Benefits management (BM), Project Success (PS), Team Cohesion (TC), Effective Communication (EC), Resource Based View (RBV) TheoryAbstract
This research examines the relationship between benefits management and project success within the IT sector project of Pakistan, employing the Resource-Based View (RBV) theory as a fundamental framework. It analyzes how team cohesion and effective communication influence this relationship, offering insights into the internal dynamics that lead to successful project outcomes. The study uses structural equation modeling to demonstrate that benefits management significantly enhances project success. The findings demonstrate that benefits management substantially improves team cohesion and effective communication, which subsequently exert a positive effect on project success. Team cohesion acts as a partial mediator between benefits management and project success; effective communication did not exhibit a significant mediating effect. The findings highlight the crucial role of internal resources, as outlined by RBV theory, and emphasize the significance of fostering team cohesion in Pakistani IT sector projects to enhance the effectiveness of benefits management. This study fills a significant gap in the literature by presenting empirical evidence on the interplay between benefits management, team cohesion, and effective communication, providing practical insights for project managers seeking to enhance project success in a competitive environment.
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