The Relationship of IQ among Project Managers with Oil and Gas Project Success

Abstract

This study focuses on intellectual quotients (IQ) dimensions of oil and gas managers in approving or disapproving certain projects. The questionnaires were distributed to one thousand project managers, however, only three hundred and ten responded to the survey giving 31% response rate. Sixteen items identified to measure the project managers IQ with Cronbach’s Alpha of 0.951, as such the elements is related to each other, and can be used to measure the dimension on intellectual quotients. The top three most important elements of IQ include abilities in communicating one’s knowledge, reasoning using past experiences or procedures, and comprehending quantitative concepts. There is a positive and significant relationship between IQ of project managers and project success. As shown, there is a significant and  positive relationship between IQ of project managers with the ability to complete the project on time (r =0.398**; p=0.000), within cost allocated (r= 0.526**; p=0.000), and quality of the project delivered (r=0.646**; p=0.000).