nep-ppm New Economics Papers
on Project, Program and Portfolio Management
Issue of 2017‒03‒05
four papers chosen by
Arvi Kuura
Tartu Ülikool

  1. Impact of ISO 9001 Standard on the Quality Costs of Construction Projects in the Philippines By Neyestani, Behnam; Juanzon, Joseph Berlin P.
  2. Financing Infrastructure Development In Uganda By Mawejje, Joseph; Munyambonera, Ezra
  3. Advance-purchase financing of projects with few buyers By Sahm, Marco
  4. First, Second and Third Tier Universities: Academic Excellence, Local Knowledge Spillovers and Innovation in Europe By Cristian Barra; Ornella Wanda Maietta; Roberto Zotti

  1. By: Neyestani, Behnam; Juanzon, Joseph Berlin P.
    Abstract: Since past two decades, ISO 9001 standard has shown its capabilities to lower cost, increase productivity, and satisfy stakeholders (customers) in the organizations. Although ISO 9001 standard has proven its benefits to different sectors in all over the world. But there is still debate among researchers and practitioners concerning the usefulness of applying ISO 9001 in construction projects. However, it seems that among different methods, quality cost analysis is an excellent technique to indicate how much ISO 9001 is able to improve effectively quality performance, and reduce costs in the projects. Thus, the main purpose of this study is to assess the effects of ISO 9001 implementation on quality cost in construction projects. For this aim, a literature review was conducted to design a structured questionnaire in a sample of the 67 respondents from ISO 9001:2008-certified projects of large-scale (AAA) construction companies in Metro Manila, Philippine. As a quantitative research, the inferential statistics analysis used to test the hypotheses of this study. Lastly, the results reported that ISO 9001 standard significantly affects the reduction of quality cost within construction projects in Metro Manila, Philippines.
    Keywords: ISO 9001 Certification; Quality Costing Method; Quality Costs; Control Costs; Failure Costs; Construction Projects.
    JEL: D2 L74 M11 N6 O22
    Date: 2017–01–24
  2. By: Mawejje, Joseph; Munyambonera, Ezra
    Abstract: Uganda’s progress towards achieving inclusive sustainable growth is curtailed by large deficits in infrastructure stock, particularly in the transport and energy sectors. This study explores options for financing the scaling up of infrastructure development in Uganda. The methodological approach involved a review of literature and a survey of key stakeholders whose views guided the analysis. Findings point to the opportunities and risks of scaling up domestic resource mobilization, improving efficiencies in public investments, leveraging new sources of external development financing, options in private financing and the potential role of the natural resource sectors as summarized below. Improving domestic revenue mobilisation is the primary available option for financing infrastructure development in Uganda. However, efforts in this area have been hampered by, among others, weaknesses in the legal and regulatory frameworks; the narrow tax base; a large informal sector; tax exemptions; and institutional weaknesses. The study highlights two interventions that can support improved domestic resource mobilization efforts to support infrastructure development: leveraging the contribution of non-tax revenues (NTR) and curtailment of capital flight. With respect to enhancing the contributions of NTR, the study proposes that collection of NTR by self-accounting bodies and spending it at the source should be reviewed because the practice undermines efforts to improve revenue mobilization. Innovative ways of controlling capital flight involve reviewing government public procurements and local content provisions. The study proposes reforms to strengthen the capacity of the local private sector and to develop policy and regulatory frameworks to deepen local content in government procurement.
    Keywords: Financial Economics, International Relations/Trade, Public Economics, Resource /Energy Economics and Policy, Risk and Uncertainty,
    Date: 2017–02
  3. By: Sahm, Marco
    Abstract: I investigate a simple model of advance-purchase contracts as a mode of financing costly projects. An entrepreneur has to meet some capital requirement in order to start production and sell the related good to a limited number of potential buyers who are privately informed about their willingness to pay. I find that advance-purchase arrangements enable more costly projects to be financed than traditional funding sources. The entrepreneur uses advance-purchase surcharges as a price discrimination device. However, the discriminatory power is limited by the problem of free-riding, which is exacerbated as the number of potential buyers increases.
    Keywords: pre-ordering,price discrimination,excludable public goods,monopolistic provision,crowdfunding,innovation and R&D
    JEL: D42 G32 H41 L12 L26 O31
    Date: 2016
  4. By: Cristian Barra (Università di Salerno); Ornella Wanda Maietta (Università di Napoli Federico II and CSEF); Roberto Zotti (Università di Salerno)
    Abstract: This paper aims to study the drivers of innovation and of university-industry collaboration in the European manufacturing sector, specifically focusing on the extent to which academic excellence may enhance the capacity of firms to develop new products and processes. It shows that academic research has an important direct impact on the firm’s propensity to develop innovation, apart from the indirect effect of academic excellence on partner choice in university-industry R&D collaboration. The results also suggest that the research at lower tier universities has an impact on business innovation and that there is a strong case in favour of public funding also to less prestigious academic institutions.
    Keywords: University–industry interaction; R&D collaboration; Product and process innovation; Academic research quality; University education
    JEL: O3 I23 D22 R1
    Date: 2017–02–25

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