Using best methodologies, procedures, tools and practices do matter. But what matter more is the human factor. It is the people who have to drive the project. As best people under perform in subdued conditions, similarly the best of the tools and methodologies will not be able to get you the optimum benefits out of them unless you have good team members, administration staff, team leaders, project manager, tester etc.; if not the best.
http://itknowledgeexchange.techtarget.com/quality-assurance/software-project-success-in-human-context/
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