III. SYSTEMS AND MANAGEMENT
Research in broad areas of project management is ongoing.
Study of public works projects, one of the first disciplines to
adapt project management, is a good example. In many cases,
research in public works seems to be more willing to consider
breaking from the cost, schedule and performance models by
examining other variables. Specifically, government agencies
dealing with the development of major infrastructure projects
have found that a simple adherence to the principles of cost,
schedule and performance are insufficient to provide the
necessary control of projects. Owen et al, found that beyond
cost schedule and performance, an appreciation of the details
of financing, and the context of the project are essential
elements for successful control of transportation projects [11].