Project management tools and techniques in high‐technology SMEs

Abstract

Purpose

This paper aims to examine the use of project management practices in small high‐technology firms and to identify what contributes to project success.

Design/methodology/approach

The results presented in this paper are based on a survey of Irish high‐technology small‐to medium‐sized enterprises (SMEs). A questionnaire was distributed to over 200 organisations via e‐mail and a response rate of 20 per cent was achieved.

Findings

Results suggest that the existence of a project manager and the use of project planning significantly contribute to project success. Control for projects resides primarily with owner‐managers and achieving quality standards is a significant success criterion. Additionally, having clear goals/objectives and top management support are identified as the most important success factors in the firms surveyed.

Research limitations/implications

This paper presents the findings of an initial investigation into the management of projects within SMEs. The study has been limited by the number of respondents and also by the use of a survey as a research instrument. Further research to develop a deeper understanding of how projects are managed in SMEs and how project success can be improved would require a more varied research methodology.

Practical implications

Findings suggest that project management tools and techniques are being used to a limited extent by high‐technology SMEs. Analysis suggests that the employment of a project manager and the implementation of project planning techniques are likely to contribute to the overall success of projects. SMEs also strongly believe that past experiences are a vital factor in implementing effective management procedures and determining future success.

Originality/value

While most research into the use of project management has concentrated on practices within large firms, there has been a lack of investigation into project management in small firms as addressed by this paper.

Citation

Murphy, A. and Ledwith, A. (2007), "Project management tools and techniques in high‐technology SMEs", Management Research News, Vol. 30 No. 2, pp. 153-166. https://doi.org/10.1108/01409170710722973