Ipd performance and incentive management

The subject of project success and its links to performance, and how that may be measured and incentivised, has been of much interest for many years in the project management (PM) literature. Strategic planning success sets the project on a sound trajectory by justifying its existence and laying the ground for its business-case development that, if successful, provides clarity of reasoning and vision so that those engaged, particularly in IPD alliancing, can identify what ‘best for project’ might mean and motivate them towards that outcome. Zidane and Olsson summarise their research into the literature on performance as follows: to be efficient is to produce an output in a competent and qualified way; to be efficacious involves possession of a quality that gives the produced results the potential to lead to an effective outcome; and to be effective is when results accomplish their purposes, thus giving an effective outcome.