Project Management Effective Project Management is an essential tool to deliver any output, whether for a construction project, a business development project or an organisational change. However, whatever the project, the critical success factors remain the same: Clear definition of the outputs, and the inputs such as staffing levels, budget etc. Clear understanding of the stakeholders involved Agreement by all parties on the definition of success – time, quality and cost A comprehensive work breakdown structure Effective progress monitoring & review Assessing and managing risks Watershed Associates can take a project from initial definition through to completion and handover.