nep-ppm New Economics Papers
on Project, Program and Portfolio Management
Issue of 2017‒02‒19
six papers chosen by
Arvi Kuura
Tartu Ülikool

  1. Effectiveness of Quality Management System (QMS) on Construction Projects By Neyestani, Behnam
  2. Do development projects crowd out private-sector activities? A survival analysis of contract farming participation in northern Ghana: By Lambrecht, Isabel; Ragasa, Catherine
  3. Managing multi-purpose water infrastructure: A review of international experience By Meleesa Naughton; Nicole DeSantis; Alexandre Martoussevitch
  4. Designing long-lived investments under uncertain and ongoing change By Klaus Eisenack; Marius Paschen; ;
  5. Cost Uncertainty and Time Overruns in Public Procurement: a Scoring Auction for a Contract with Delay Penalties By Dosi, Cesare; Moretto, Michele
  6. Pilotierung der Weiterbildungsberatung durch die Bundesagentur für Arbeit : Implementationsstudie und quantitative Begleitforschung By Fuchs, Philipp; Fuchs, Stefan; Hamann, Silke; Wapler, Rüdiger; Wolf, Katja

  1. By: Neyestani, Behnam
    Abstract: Quality management system (QMS) provides generic guidance and requirements for establishing an appropriate quality management procedure, in order to lower cost, increase productivity, customer's satisfaction, and market share in the organizations since the last two-decade. In construction industry, it can assist the companies to achieve successfully their objectives, and ensure that all phases of construction project consistently meet client's requirements (need). The main aim of this article was to evaluate the impact of QMS implementation on main factors of construction projects in Metro Manila, Philippines. For this intention, the study was conducted an in-depth literature review from different books, journals, and websites, in order to understand profoundly quality management system, identify the characteristics of the vital factors of construction projects, and the findings of empirical studies concerning the effects of QMS on construction projects. Subsequently, a questionnaire was designed based on previous studies and then distributed randomly among the 37 managers with the aim of collecting data. Finally, the analysis of data was accomplished by descriptive statistics to find the results and conclusion. The findings have shown that the implementation of QMS can be affected mostly on customer's satisfaction, followed by cost, and time respectively, while minimum effectiveness of QMS was on scope (quality) through QMS implementation in construction projects in Metro Manila.
    Keywords: Keywords: ISO, ISO 9000 Family; Quality Management System (QMS); Construction Projects; Critical Factors; Project Success Criteria, Customer's Satisfaction.
    JEL: L74 M11 O22
    Date: 2016–12–11
  2. By: Lambrecht, Isabel; Ragasa, Catherine
    Abstract: Contract farming (CF) is attractive as a possible private-sector-led strategy for improving smallholder farmers’ welfare. Yet many CF schemes suffer from high turnover of participating farmers and struggle to survive. So far, the dynamics of CF participation have remained largely unexplored. We employ duration analysis to examine factors affecting entry into and exit from different maize CF schemes in northern Ghana, focusing specifically on the impact of development projects on CF entry and exit. We find that agricultural development projects reduce the likelihood of scheme entry and increase the likelihood of exit. Our findings confirm concerns that, if interventions are not planned in accordance with relevant private-sector actors, private-sector initiatives can be hindered by competing development projects.
    Keywords: contract farming, economic development, private sector, smallholders, maize, farming systems, agricultural development,
    Date: 2016
  3. By: Meleesa Naughton; Nicole DeSantis; Alexandre Martoussevitch (OECD)
    Abstract: In this paper, the term multi-purpose water infrastructure (MPWI) encompasses all man-made water systems, including dams, dykes, reservoirs and associated irrigation canals and water supply networks, which may be used for more than one purpose (for economic, social and environmental activities). While MPWI plays a significant role in the socio-economic development and ensuring water, food and energy security of many countries (not least in water-stressed Central Asia), many MPWI projects face various challenges. These including unsustainability of business models for financing, operation and maintenance, lower-than-expected performance or the emergence of unforeseen risks and negative externalities. This paper explores the complexity in designing, financing, regulating and managing MPWI projects, with the objective to inform policy and decision-making. It attempts to identify key issues related to managing MPWI, lessons learned from international experience and possible solutions to the challenges. It examines several principles, approaches and instruments to enhance the sustainability of MPWI, drawing on international experience. Finally, the paper identifies knowledge and experience gaps, needs for further research and possible areas of future work.
    Keywords: externalities, multi-purpose water infrastructure, nexus, water management
    JEL: D62 Q15 Q18 Q25
    Date: 2017–02–18
  4. By: Klaus Eisenack; Marius Paschen (University of Oldenburg, Department of economics); ;
    Abstract: Shall investments become more robust or more short-lived if unfavorable exogeneous conditions become more uncertain? What if the investments' design is irreversible for its whole life time? Such decision problems are frequently encountered, for example in infrastructure construction. We analyze this problem by combining an irreversible design decision when the investment starts with an irreversible decision to abandon an outdated investment. We formulate the second decision as a stopping problem of stochastic dynamic control, derive the value function, and the comparative statics for an optimal design. We find a decreasing optimal expected life-time and decreasing robustness for more rapidly changing conditions if the original life-time is not too large. For rising uncertainty, originally shorter-lived investments' life-times are expanded. For more long-lived investments, these effects may reverse. There can be a case for making investments less robust in the light of uncertain and ongoing change.
    Date: 2017–02
  5. By: Dosi, Cesare; Moretto, Michele
    Abstract: Drawing on the real-options theory we analyse bidding behaviour in a sealed-bid-first-score procurement auction where suppliers, facing variable production costs, must simultaneously report the contract price and the cost level at which they intend to perform the project. We show that this award mechanism is potentially able to maximize total welfare. Next we look at the time incentives required to ensure compliance with the promised optimal trigger value. We show that ex-post efficiency may call for delay penalties higher than the anticipated harm caused by time overruns, in so doing questioning the efficiency rationale of existing liquidated damages rules.
    Keywords: Public Procurement, Fixed-price Contracts, Real Options, Time Overruns, Scoring Auctions, Liquidated Damages, Research Methods/ Statistical Methods, C61, D44, D86, K12,
    Date: 2017–02–08
  6. By: Fuchs, Philipp; Fuchs, Stefan (Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany]); Hamann, Silke (Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany]); Wapler, Rüdiger (Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany]); Wolf, Katja (Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany])
    Abstract: "In this Research Report the authors expose results of the evaluation of the pilot project 'Weiterbildungsberatung' (counseling on further education and training) of the German Federal Employment Agency (Bundesagentur für Arbeit, BA) by the Institut für Arbeitsmarkt- und Berufsforschung (IAB) and the Institut für Sozialforschung und Gesellschaftspolitik (ISG). The two parts of this Research Report are the final reports delivered to the BA in the summer of 2016 based on the two distinct research projects of IAB and ISG on the implementation of counseling on further education and training in the BA." (Author's abstract, IAB-Doku) ((en))
    Keywords: Weiterbildungsberatung, Bundesagentur für Arbeit, wissenschaftliche Begleitung
    Date: 2017–02–08

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