nep-ppm New Economics Papers
on Project, Program and Portfolio Management
Issue of 2015‒09‒05
four papers chosen by
Arvi Kuura
Tartu Ülikool

  1. TPICS TIGER and US Experience: A Focus on Case-based Ex-post Economic Impact Assessment By Stephen Fitzroy; Glen E. Weisbrod; Naomi Stein
  2. Déterminer la valeur de l’innovation en train de se faire, c’est aussi et déjà innover. By Philippe Bertheau; Gilles Garel
  3. Partnering and the Viability of Affordable Housing Projects in London: Determining a causation By Oribuyaku, Damilola
  4. Valuing Convenience in Public Transport: Roundtable Summary and Conclusions By Mark WARDMAN

  1. By: Stephen Fitzroy; Glen E. Weisbrod; Naomi Stein
    Abstract: This paper presents the results of research recently conducted by the authors on ex-post analysis focused on the long-term economic impacts of transportation system investments in the United States (US). For a variety of reasons, the US has had a tradition of making transport investments to address economic development goals and applying ex-post analysis to assess achievement of economic development impacts. These past studies are reviewed, as are some of the deficiencies and suggested improvements in methods for ex-post analysis. The paper also reviews methods to refine ex-post analysis of economic development in the US via the Transportation Impact Project Case Studies (TPICS) system developed as a national database of land and economic development impact studies. The paper concludes with a series of recommendations for broader distribution and support for the tools and methods developed in TPICS, and an assessment of the challenges facing wider adoption and application of the ex-post analysis in the US context. Specific adoption and implementation issues and opportunities are addressed in the context of the US Department of Transportation’s TIGER (Transportation Investment Generating Economic Recovery) discretionary grant program.
    Date: 2014–10
  2. By: Philippe Bertheau (LIRSA - Laboratoire Interdisciplinaire de Recherche en Sciences de l'Action - Conservatoire National des Arts et Métiers [CNAM]); Gilles Garel (CNAM Paris - Conservatoire National des Arts et Métiers - Paris - Conservatoire National des Arts et Métiers [CNAM])
    Abstract: Research states that the success of a specific innovation cannot be predicted. As a consequence, the value of such an innovation can only be stated very late in the development process, or even in retrospect. Based on C-K design-theory, our empirical research shows that professionals directly engaged in the design process are able to perform an early and complete valuation. The cognitive process of this valuation is extremely similar to the overall process of innovative design. Also, this process has tangible outputs, in particular local, dedicated management tools used as proofs of concepts.
    Abstract: La recherche en gestion a établi l'imprévisibilité du succès d'une innovation. Un corollaire largement accepté veut que la détermination de la valeur de cette innovation ne puisse être que tardive, voire rétrospective. Nous observons dans cette recherche que les acteurs directs de l'innovation sont à même de procéder à une détermination de la valeur précoce, complète et révisable. Nous appuyant sur la théorie C-K, nous montrons que ces équipes appliquent à la détermination de la valeur le même type de raisonnement qu'à l'innovation elle-même. Nous montrons également que ce travail de conception innovante passe par la génération d'outils de gestion locaux, souvent à l'usage exclusif du projet et utilisés pour mettre à l'épreuve les différents concepts de valeur.
    Date: 2015
  3. By: Oribuyaku, Damilola
    Abstract: It has been reported that strategic partnering can deliver savings of 30% while one-off, project partnering can deliver up an immediate 10%. Many researchers have however began to criticize the concept of partnering. Some are of the view that the concept has not been clearly defined and definitions are often too vague and overly optimistic (Eriksson, 2010). Others argue that the concept is one that sounds good as a theory but lacks the necessary contents needed for its implementation (Eriksson, 2010). This research focuses on the impacts of partnering on the supply of housing. This will be achieved by investigating the impact of partnering on the viability of affordable housing schemes in London. Upon analysis and interpretation of the data, the paper finds that partnering may affect viability through 6 key factors including: Long-Term Relationship, Economy, Transparency, Capability, Labour and Ideals. These findings suggests the need for local authorities to abandon the Best Price method of affordable housing procurement and the need for the stability of the UK economic environment in order to reduce risks and encourage partnering in the affordable housing sector.
    Keywords: Partnering;Affordable Housing;Housing;Viability
    JEL: H4 H42 R3 R31 R38
    Date: 2015–02–19
  4. By: Mark WARDMAN
    Abstract: The experience of transport systems users, in terms of comfort, reliability, safety and above all convenience, is critical in determining demand for transport services, at least when there is a choice of alternative ways to travel. Convenience is one of the strongest attractions of the private car for passenger transport. For users of public transport, convenience is also clearly important but not always clearly defined and not often measured in designing transport systems or monitoring their operating performance. In many situations, an increase in public transport convenience reduces the unit costs of travel (euros/dollars per hour or cents per minute) and so provides benefits equivalent to an increase in travel speed. This report focuses on convenience and its importance to the user experience. It reviews operational definitions of convenience, evidence for the willingness of users to pay for convenience and the use of indicators to assess and improve the convenience of public transport, with a view to making it more effective and more competitive.
    Date: 2014–05–13

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