nep-ppm New Economics Papers
on Project, Program and Portfolio Management
Issue of 2014‒09‒25
eight papers chosen by
Arvi Kuura
Tartu Ülikool

  1. Snapshot : Sponsors from Singapore and Infrastructure Projects with Private Participation (1990-2011) By Andreea Militaru
  2. Low cost strategies to build dynamic capabilities: The creative approach of a French public transport operator By Milena Klasing Chen; Sophie Hooge
  3. Optimal Sharing Strategies in Dynamic By Nisvan Erkal "; " Deborah Minehart
  4. What You Should Know About Megaprojects, and Why: An Overview By Bent Flyvbjerg
  5. Development NGOs: Basic Facts By Gani Aldashev; Cecilia Navarra
  6. On the Consequences of Generically Distributed Investments on Flexible Projects in an Endogenous Growth Model By Mauro Bambi; Cristina Di Girolami; Salvatore Federico; Fausto Gozzi
  7. Structures and dynamics of transnational cooperation networks: evidence based on Local Action Groups in the Veneto Region By Pisani, Elena; Burighel, Laura
  8. Fiduciary Systems Assessment of the Oaxaca Water and Sanitation Sector Modernization Project By World Bank

  1. By: Andreea Militaru
    Keywords: Communities and Human Settlements - Urban Slums Upgrading Transport Economics Policy and Planning Housing and Human Habitats Urban Development - Urban Services to the Poor Information and Communication Technologies - ICT Policy and Strategies Transport
    Date: 2013–03
  2. By: Milena Klasing Chen (CGS - Centre de Gestion Scientifique - MINES ParisTech - École nationale supérieure des mines de Paris); Sophie Hooge (CGS - Centre de Gestion Scientifique - MINES ParisTech - École nationale supérieure des mines de Paris)
    Abstract: Dynamic capabilities have been discussed as a way to achieve competitive advantage. However, research on the building of dynamic capabilities is still scarce. This article tackles the issue of potential federative guidance to manage this building and illustrates it through the low cost approach adopted by a public transport operator. Resulting of an oriented creativity method combined with the use of two divergent strategies of low cost product development, the company was able to make several improvements that contributed to build dynamic capabilities at both firm and industrial ecosystem levels: (1) reviewed its managerial system, making transversal projects that were previously hard to be launched; (2) increased its absorptive capability and quality of interaction with ecosystem's stakeholders, better targeting and acquiring external knowledge through collaborative explorations; and (3) dealt with the external barriers and core-rigidities at both firm and industrial ecosystem levels through two different and complementary ways of developing low-cost offer for public transport. Thus, low cost approach appears as an eligible federative guidance to build dynamic capability, similar investigation could benefit to other firms.
    Keywords: low cost; dynamic capability; public transport
    Date: 2014–06
  3. By: Nisvan Erkal "; " Deborah Minehart
    Abstract: A question central to R&D policy making is the impact of competition on cooperation. This paper builds a theoretical foundation for the dynamics of knowledge sharing in private industry. We model an uncertain research process and ask how the incentives to license intermediate steps to rivals change over time as the research project approaches maturity. Such a dynamic approach allows us to analyze the interaction between how close the ?rms are to product market competition and how intense that competition is. We uncover a basic dynamic of sharing such that ?rms are less likely to share as they approach the product market. This dynamic is driven by a trade-o¤ between three e¤ects: the rivalry e¤ect, the duplication e¤ect and the speed e¤ect. We show that this dynamic can be reversed when duopoly pro?ts are su¢ ciently low. We also explore the implications of the model for patent policy and R&D subsidies, and discuss under what circumstances such policies should be directed towards early vs. later stage research.
    Keywords: Multi-stage R&D; innovation; knowledge sharing; licensing; dynamic games; patent
    Date: 2013
  4. By: Bent Flyvbjerg
    Abstract: This paper takes stock of megaproject management, an emerging and hugely costly field of study. First, it answers the question of how large megaprojects are by measuring them in the units mega, giga, and tera, concluding we are presently entering a new "tera era" of trillion-dollar projects. Second, total global megaproject spending is assessed, at USD 6-9 trillion annually, or 8 percent of total global GDP, which denotes the biggest investment boom in human history. Third, four "sublimes" - political, technological, economic, and aesthetic - are identified to explain the increased size and frequency of megaprojects. Fourth, the "iron law of megaprojects" is laid out and documented: Over budget, over time, over and over again. Moreover, the "break-fix model" of megaproject management is introduced as an explanation of the iron law. Fifth, Albert O. Hirschman's theory of the Hiding Hand is revisited and critiqued as unfounded and corrupting for megaproject thinking in both the academy and policy. Sixth, it is shown how megaprojects are systematically subject to "survival of the unfittest," explaining why the worst projects get built instead of the best. Finally, it is argued that the conventional way of managing megaprojects has reached a "tension point," where tradition is challenged and reform is emerging.
    Date: 2014–08
  5. By: Gani Aldashev (CRED and Department of Economics, University of Namur); Cecilia Navarra (CRED, University of Namur)
    Abstract: This paper systematizes the results of the empirical literature on development non-governmental organizations (NGOs), drawing both from quantitative and qualitative analyses, and constructs a set of basic facts about these organizations. These basic facts concern the size of the development NGO sector and its evolution, the funding of NGOs, the allocation of NGO aid and projects across beneficiary countries, the relationship of NGOs with beneficiaries, and the phenomenon of globalization of development NGOs.
    Keywords: non-governmental organizations, aid effectiveness, non-profits, charitable giving, North-South partnership
    JEL: L31 O19
    Date: 2014–09
  6. By: Mauro Bambi; Cristina Di Girolami; Salvatore Federico; Fausto Gozzi
    Abstract: In this paper we argue that differences in the investment projects’ features can help to explain the observed differentials in output growth and in output volatility across countries. This result is achieved by studying analytically an endogenous growth model where investments are (generically) distributed over multi-period flexible projects leading to new capital once completed. Recently developed techniques in dynamic programming are adapted and used to fully characterized the balanced growth path and transitional dynamics of this model. Based on this analytical ground, several numerical exercises are performed to show how the key results of our analysis are also quantitatively relevant.
    Keywords: investment projects, distributed delays, optimal control, dynamic programming, infinite dimensional problem.
    JEL: E22 E32 O40
    Date: 2014–07
  7. By: Pisani, Elena; Burighel, Laura
    Abstract: The paper assesses the structures and the dynamics of transnational cooperation projects promoted by Local Action Groups (LAGs) in different periods (from LEADER II to LEADER Axis) using Social Network Analysis (SNA) in a specific case study: the Veneto region in Italy. The classical indexes of SNA have been critically examined, moreover the paper presents innovative indexes able to capture the peculiarity of transnational cooperation: disaggregated densities of the network and transnational centrality of the node. These indexes are useful in order to quantify how transnational a network actually is, and to measure the power-information that each actor (LAG) can acquire through its transnational contacts. The methodology can become an instrument for Managing Authorities to implement new forms of evaluation of transnational cooperation of LAGs.
    Keywords: rural, transnational cooperation, LEADER, social network analysis, evaluation, Community/Rural/Urban Development, O22, O18,
    Date: 2014
  8. By: World Bank
    Keywords: Public Sector Corruption and Anticorruption Measures Private Sector Development - E-Business International Economics and Trade - Government Procurement Finance and Financial Sector Development - Bankruptcy and Resolution of Financial Distress Finance and Financial Sector Development - Debt Markets Public Sector Development
    Date: 2014–03

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