Governance of Project Management, Benefit Realization Management and Project Success: An Empirical Investigation for Pakistan Railways

Abstract

The main purpose of this study is to analyse the impact of Governance of Project Management and Benefit Realization Management on Project success with the mediating role of Benefit Realization Management in context of Projects in Pakistan Railways. The impact of Governance of Project Management, Benefit Realization Management on Project success is the major contribution of this study in context of Pakistan Railways as this sector has been condemned for many years because of the falling number of customers and its inadequacy to contribute in the economy of Pakistan. Empirical data is collected from the Professionals of Pakistan Railways working on Projects in different departments namely Department of Mechanical Engineering, Department of Civil Engineering, Department of Signals and Telecommunication Engineering and Directorate of Information Technology. The collected data from the aforementioned departments is analysed through Structured Equation Modelling (SEM). The results showed that Governance of Project Management is positively related to Project success furthermore the Benefit Realization Management is also positively related to Project success and Benefit Realization Management partially mediates the relationship between Governance of Project management and Project success in context of Projects in Pakistan Railways, a state owned organization.