Entrepreneurship and Project Management: An Empirical Study of the Success of Entrepreneurial Projects in the Colombian Context

Abstract

The assessment of project success has become a well-established perspective in the realm of project management. The entrepreneurial project concept enables a deeper exploration of the connection between entrepreneurship and project management. This study aimed to identify criteria and success factors within the entrepreneurial project domain. Employing a quantitative approach, 118 projects conducted in the Colombian context were analyzed. The findings indicate that the assessment of entrepreneurial project success during the implementation stage encompasses criteria related to project efficiency and organizational effectiveness. Notably, the study revealed that success factors include the industrial sector and innovation in the business model.   Received: 11 March 2024 / Accepted: 28 June 2024 / Published: 5 July 2024