The impact of effective project management on time quality and cost: The case of contracting firm in the Middle East

The study focuses on the importance of project management planning and its impact on the three main components (cost, time and quality) that determines projects' success. The sample included ten (head managers, project managers and senior engineers) in three contracting companies in the Middle East (Jordan and Palestine) for a period of nine months starting March till the end of December 2017. The findings show that most of the interviewees agreed on the importance of planning in companies before starting any project and they emphasized on the importance of having a planned time schedules which includes all the critical and none critical tasks that should be done in the implementation phase to submit a project on time without any delays. As for the quality 60% consented on the necessity of having a clear plan which has an understandable requirements and standards for the project in order to be followed by the workers, and they also mentioned the importance of doing frequent inspections by project managers and senior engineers on the delivered product and service to achieve a project with the highest quality. In the last question 80% said that a planned project management can affect the project budget without exceeding the specified budget if it was followed with three main factors which are monitoring, controlling and following up, they also insisted on the importance of having an experienced project manager who can set a plan concerning the project's cost and also find quick solutions for any error that may occur in project implementation. In the light of these findings the researcher shed the importance of having a skilled project management system that works effectively on project plans to achieve the project objectives according to the required time cost and quality, the researcher recommended that companies should do consequent train workshops to their managers and employees and also ask their managers to prepare a statistical databases on previous projects in order to use them in the future project. Companies should allocate a special section in the company to study and understand the project and all the important documents in order to determine the projects objectives clearly to strengthen the quality of the project shorten the duration of implementation as well as minimizing the cost.