In the face of difficulty: planning? Identifying the causes of success in project management from a multilevel perspective

Mónica Guevara (), Cayetano Medina-Molina (), Noemí Pérez-Macías () and María Eugenia Fabra Florit ()
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Mónica Guevara: Universidad Pontificia Comillas (ICADE)
Cayetano Medina-Molina: Centro Universitario San Isidoro
Noemí Pérez-Macías: Universidad Pontificia Comillas (ICADE)
María Eugenia Fabra Florit: Universidad Pontificia Comillas (ICADE)

Quality & Quantity: International Journal of Methodology, 2025, vol. 59, issue 3, No 31, 2679-2705

Abstract: Abstract In today’s competitive market, to manage projects effectively is crucial for the success of any organization. This paper focuses on the financial sector, a domain where the complexity and need for regulatory compliance underscore the significance of adopting project management. Employing a multilevel approach, the study investigates factors influencing project success or failure in transnational financial institutions, examining micro-level (project outcomes), meso-level (human factors and the project manager’s entrepreneurial mindset), and macro-level (planning quality, goal setting, and project complexity) elements. Using fuzzy-set qualitative comparative analysis (FsQCA), insights from 40 project managers across three Spanish financial entities are analyzed. These entities, characterized by project temporariness, provide a unique perspective on project management in Spain’s financial sector. The research fills a literature gap by exploring the complex interplay of factors affecting project success or failure. The findings offer insights into conditions impacting project success, enhancing organizational competitiveness.

Keywords: Project management; Financial institutions; Person-environment fit; Multi-level perspective; FsQCA; GMET (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1007/s11135-025-02094-x

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