How is project success typically assessed?

Project success is typically assessed by evaluating several critical factors, including the delivery of the project on time, within the allocated budget, and meeting the predefined quality standards. This comprehensive approach aligns with the triple constraint of project management, which emphasizes the importance of balancing scope, schedule, and cost to achieve desired outcomes.

When a project is completed on time, it indicates effective time management and planning. Staying within the budget reflects financial discipline and resource allocation efficiency, crucial for the project's viability. Additionally, meeting quality standards ensures that the deliverables fulfill stakeholder expectations and requirements, leading to satisfaction and usability of the final product.

While factors like team satisfaction surveys, stakeholder engagement, and project manager performance can provide valuable insights into the overall management and operational aspects of a project, they are not primary measures of project success. Instead, the core metrics of time, budget, and quality directly correlate to the achievement of project objectives and stakeholder satisfaction, solidifying option B as the correct basis for assessing project success.