nep-ppm New Economics Papers
on Project, Program and Portfolio Management
Issue of 2019‒01‒07
four papers chosen by
Arvi Kuura
Tartu Ülikool

  1. Impact of Decentralized Electrification Projects on Sustainable Development: A Meta-Analysis By Jean-Claude Berthelemy; Arnaud Millien
  2. To the question of knowledge managers' education By Pleshkova, A.; Grinberg, E.
  3. Evaluation of real options portfolio for investment projects By Loukianova, A.; Nurullaev, D.
  4. Renewable technologies in Karnataka, India: jobs potential and co-benefits By Kattumuri, Ruth; Kruse, Tobias

  1. By: Jean-Claude Berthelemy (Centre d'Economie de la Sorbonne & FERDI); Arnaud Millien (Centre d'Economie de la Sorbonne & FERDI)
    Abstract: This paper is the first product of a project which aims to build a Collaborative Smart Mapping of Mini-grid Action (CoSMMA), whose principal objective is to identify best practice in decentralized electrification projects. Using evaluations of 421 projects, from published research papers, we built a pilot CoSMMA which proves its feasibility. Its relevance is demonstrated by a meta-analysis, which reveals the principal characteristics of decentralized electrification projects which have positive impacts on sustainable development. Four main characteristics were considered: technology (source or energy), system size (power), decision level (from local to country level) geographic location. When searching for best practices, technology and system size must be considered together, because the chosen technology may constrain the power, which is provided by the system. We find that the most popular projects, which are based on Solar Home Systems (SHS) are not the most effective. The problem with SHS is not the use of solar energy, but the small system size often chosen for SHS. Mini-grids, of larger size, especially those which use hybrid renewable sources of energy, have more positive impacts, because these systems combine the benefits of sustainability and flexibility. In terms of decision level, we find that both top-down and bottom-up approaches have advantages, with the observation of a U-shaped curve for the influence of the decision level on the probability of obtaining positive impacts. Geographical location matters, as it is very often the key to system feasibility. We find that DEPs are more effective in Latin America than in Asia, and more effective in Asia than in Africa. We also attempted to study the type of effects resulting from DEPs. Descriptive data suggest that for some types of effects, positive impacts are more likely than for others. Decentralized electrification projects have a more positive impact on Lifestyle & NICT or Household agenda than on Economic transformation or Community life. However, this pilot CoSMMA does not contain enough information to study precisely the types of effects, because some types of effects have not been studied frequently in the existing literature. This is the case, for instance, for environmental effects, which have been rarely measured scientifically. Finally, we attempted to broaden our information set by including expert data, which was entered into the CoSMMA meta-analysis. We define expert data as data that are not supported by statistical tests with measures of significance, whereas the evaluations based on scientific data were supported by statistical tests of significance. The expert data may be valid, but our attempt to include it in the analysis failed at this stage. The determinants of unproven effects appear to be quite different from the determinants of proven effects in our meta-analysis, and using expert data would imply merging proven and unproven effects, which would totally blur the conclusions
    Keywords: Decentralized electrification; sustainable development; impact assessment; meta-analysis
    JEL: L93 O13 O18 O22
    Date: 2018–12
    URL: http://d.repec.org/n?u=RePEc:mse:cesdoc:18039&r=all
  2. By: Pleshkova, A.; Grinberg, E.
    Abstract: The article is devoted to the identification of key features of training specialists in knowledge management and systematization of information sources available to them. The relevance of the subject is related to the growing need for managerial personnel, capable of organizing work with knowledge at the enterprise in order to achieve competitive advantages. The study examined the definitions associated with the management of knowledge in the foreign and domestic literature, analyzed the number of subjects taught in Russian specialized universities, revealed the predominance of non-formal education over education in universities. The phenomenon of teaching knowledge management within the framework of such related disciplines as information technology and personnel management has been studied. The article also systematizes the trends in which knowledge management projects are implemented. Based on the above specifics, it is suggested that the main driver of the development of non-formal education in this area is the entrepreneurial initiative of experts. The directions in which the contribution of Russian science to the development of knowledge management as a discipline is manifested to a special extent are noted. Such are the spheres of intellectual capital and information technologies. The article will be of interest to researchers and practitioners whose professional interests lie in the field of knowledge management. In conclusion, ways of improving education systems in higher education institutions and non-formal education are proposed to increase the competence of all specialists who work in the field of knowledge management.
    Keywords: knowledge management, knowledge manager, education, lifelong learning,
    Date: 2018
    URL: http://d.repec.org/n?u=RePEc:sps:wpaper:15117&r=all
  3. By: Loukianova, A.; Nurullaev, D.
    Abstract: The goal of this paper is to offer recommendations for evaluating the portfolio of real options in investment projects. The study reviews the real options methodology, analyses real options valuation models, and formulates methodology for valuing real options portfolio. The proposed approach was tested using the example of a company that produces shale oil. As a result, the mechanism for assessing the portfolio of real options and their application was offered to managers who are engaged in the evaluation of investment projects.
    Keywords: real options, valuation, risk-management, investments, real options portfolio, shale oil production,
    Date: 2018
    URL: http://d.repec.org/n?u=RePEc:sps:wpaper:15114&r=all
  4. By: Kattumuri, Ruth; Kruse, Tobias
    Abstract: The tangible benefits of renewable energy technologies are a crucial parameter when determining the political feasibility of adopting a low-carbon development path, particularly for emerging economies. We present that these potential benefits consist of ‘green jobs’ and of a wider set of socio-economic and environmental ‘co-benefits’ that are generated simultaneously from renewable technologies in India. Based on case studies from the Indian state of Karnataka, we obtain estimates for jobs and describe co-benefits enabled by wind, off-grid solar and biomass technologies. Furthermore, we use these estimates to project the potential for future benefits that could be generated by further enhancing the use of renewable technologies towards sustainable energy policy and security. We show that enhancing green economy offers benefits that include the creation of jobs, but also delivers a much wider set of socio-economic and environmental welfare gains for emerging economies such as India. Our paper also provides valuable evidence-based analyses for policy-makers when assessing the benefits of low-carbon sustainable development
    Keywords: renewable technologies; green jobs; co-benefits; socio-economic benefits; low-carbon sustainable development
    JEL: R14 J01
    Date: 2017–12–27
    URL: http://d.repec.org/n?u=RePEc:ehl:lserod:86551&r=all

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