nep-ppm New Economics Papers
on Project, Program and Portfolio Management
Issue of 2019‒05‒27
eight papers chosen by
Arvi Kuura
Tartu Ülikool

  1. Cost Benefit Analysis of a Regional Arterial PPP Toll Road Project: A Case Study of the Proposed R-1 Toll Road By Batsirai Brian Matanhire
  2. Managing environmental risks in development banks and development finance institutions – what role for donor shareholders? By Naeeda Crishna Morgado; Özlem Taşkın
  3. A Preliminary Theory for Open Source Ecosystem Micro-economics By Nicolas Jullien; Klaas-Jan Stol; James Herbsleb
  4. Virtual Community Characteristics as Success Factors for Crowdfunding Projects By Teodora Marinova
  5. Integrated Investment Appraisal of Water and Sanitation Projects: A Case of Senegal Water and Sanitation Project By Precious Paul Adesina
  6. Blockchain for digital government: An assessment of pioneering implementations in public services By David Allessie; Maciej Sobolewski; Lorenzino Vaccari
  7. Modern practice of project management in Russian educational systems By Bashkatov, Igor (Башкатов, Игорь); Verglinskiy, Andrey (Верглинский, Андрей); Savchenko, Igor (Савченко, Игорь); Shturbina, Natalia (Штурбина, Наталья); Yakhontova, Elena (Яхонтова, Елена)
  8. Analysis of barriers in the implementation of scientific and technical programs and projects of the full cycle in the Russian Federation By Kurakova, Natalia (Куракова, Наталия); Zinov, Vladimir (Зинов, Владимир); Tsvetkova, Liliya (Цветкова, Лилия); Kupriyanova, Olga (Куприянова, Ольга)

  1. By: Batsirai Brian Matanhire (Financial Analyst / Economist Cambridge Resource International Inc.)
    Abstract: Road infrastructure is of vital importance for the economic development of a country. Roads facilitate the movement of people, goods, services and resources. Traditionally, public infrastructure such as roads has been provided using national budgetary resources. Over time the participation of the private sector has increased in the procurement and provision of road infrastructure. Public authorities have been partnering with the private sector due to the limitation of capital to undertake such projects. Public-Private Partnerships (PPPs) of various forms have been used extensively in road transportation projects as an alternative to state and local government procurement and provision of road infrastructure. The objective of this study is to undertake an integrated investment appraisal of a proposed PPP toll road project in the Southern African country of Zimbabwe using Cost-Benefit Analysis (CBA).
    Keywords: Infrastructure, Toll Road, Public-Private Partnership, Cost Benefit Analysis, Zimbabwe
    JEL: D61 H54 L92 R42
    Date: 2019–06
  2. By: Naeeda Crishna Morgado; Özlem Taşkın
    Abstract: How and where infrastructure is built – and how environmental and social risks related to infrastructure are managed – will have a direct influence on whether developing countries pursue more sustainable development pathways or not. Development banks and development finance institutions (DFIs) serve as important channels for infrastructure finance, have adopted safeguards systems to minimise and manage the environmental and social risks associated with their projects. This paper provides an overview of these systems and discusses the role of members of the OECD Development Assistance Committee (DAC) in influencing these, in their capacity as shareholders of these institutions. It shows that donor governments influence the policies and activities of development banks, but that the level of engagement varies between bilateral and multilateral development banks and is often determined by internal capacity. The paper argues that donor shareholder governments must continue to play an important role in encouraging development banks to strengthen the implementation of safeguards, which will require continued collaboration within governments, across countries and between development banks and DFIs. Efforts to build the evidence base on the impacts of safeguards in projects will further support this agenda.
    Keywords: development banks, development co-operation, development finance, environment and social safeguards, green investment
    JEL: O13 O19 O44 Q56
    Date: 2019–05–22
  3. By: Nicolas Jullien (LEGO - Laboratoire d'Economie et de Gestion de l'Ouest - UBS - Université de Bretagne Sud - UBO - Université de Brest - Institut Mines-Télécom [Paris] - IBSHS - Institut Brestois des Sciences de l'Homme et de la Société - UBO - Université de Brest - UBL - Université Bretagne Loire - IMT Atlantique - IMT Atlantique Bretagne-Pays de la Loire, MARSOUIN - Môle Armoricain de Recherche sur la SOciété de l'information et des usages d'INternet - UR1 - Université de Rennes 1 - UNIV-RENNES - Université de Rennes - UBS - Université de Bretagne Sud - UBO - Université de Brest - Ecole Nationale de la Statistique et de Analyse de l'Information - Rennes - Institut Mines-Télécom [Paris] - UR2 - Université de Rennes 2 - UNIV-RENNES - Université de Rennes - UBL - Université Bretagne Loire - IMT Atlantique - IMT Atlantique Bretagne-Pays de la Loire, IMT Atlantique - LUSSI - Département Logique des Usages, Sciences sociales et Sciences de l'Information - IMT Atlantique - IMT Atlantique Bretagne-Pays de la Loire); Klaas-Jan Stol (UL - University of Limerick); James Herbsleb (Computer Science Department - Carnegie Mellon University - PITT - University of Pittsburgh [Pittsburg])
    Abstract: While there has been substantial empirical work identifying factors that influence the contribution to, and use of open source software, we have as yet little theory that identifies the key constructs and relationships that would allow us to explain and predict how open source ecosystems function. What is needed is a clearly articulated and empirically validated theory of open source ecosystems. Such a theory should: • Explain why, how, and when key resources---primarily the work of developers---are attracted to or depart from a project or an ecosystem. • Explain why, how, and when projects and ecosystems move through a life cycle, from initiation, growth, maturity, and decline and death. • Explain how decisions about use are made, and how the cumulatively influence the socio-technical position of a project within an ecosystem, and the relations of ecosystems to each other. The remainder of this chapter provides a sketch of such a theory in the form of a set of propositions, which may form the foundation for future empirical work
    Keywords: Open / free software,ecosystem
    Date: 2019–07–16
  4. By: Teodora Marinova (Sofia University “St. Kliment Ohridski”, Faculty of Economics and Business Administration)
    Abstract: In this paper I investigate the factors influencing the likelihood of crowdfunding projects’ success by analyzing data from the crowdfunding platform Kickstarter. The research focus is on the influence of virtual community characteristics. The results show that the probability of project success is positively influenced by a higher number of project supporters but a larger amount of comments on the project, controlled for project definition factors, is found to decrease the likelihood of project success. This is in line with previous findings of a double-edged impact of the size of the virtual innovation community and the amount of peer-to-peer interaction on the likelihood of successful innovation input by the participants.
    Keywords: User innovation, Crowdfunding, Virtual communities, Innovation communities.
    JEL: O31 O32 O33
    Date: 2019–05
  5. By: Precious Paul Adesina (Economist, Cambridge Resource International Inc.)
    Abstract: This study is an appraisal of a rural water and sanitation project in Senegal. The Cost-Benefit Analysis (CBA) done in this study employs the Integrated Investment Appraisal Approach (IIA) which typically includes the financial, economic, stakeholder and risk analyses of the project. The impacts on all major stakeholders are quantified. Senegal’s water supply coverage was 75 percent in 2004. Of the 75 percent of the total population. 64 percent of the rural population is covered, and 90 percent of the urban population has access to water. In the case of sanitation, however, with only 33 percent coverage of the entire population of Senegal. To further improve the water and sanitation sector of Senegal, especially in the rural areas, the African Development Bank (AfDB) decided to intervene with a series of engagements. This study is the appraisal of the first phase of the African Development Bank’s (AfDB) engagement in the rural water and sanitation in Senegal. This initiative is directed towards ensuring that Senegal reaches its millennium development goals. The intervention is structured such that addresses the needs of both the water supply and sanitation infrastructure.
    Keywords: Water and sanitation, Infrastructure, Senegal, African Development Bank, Integrated Investment Appraisal, Cost-Benefit Analysis
    JEL: D61 I38 L95 Q25
    Date: 2019–07
  6. By: David Allessie; Maciej Sobolewski (European Commission - JRC); Lorenzino Vaccari (European Commission - JRC)
    Abstract: In less than ten years from its advent in 2008, the concept of distributed ledgers has entered into mainstream research and policy agendas. Enthusiastic reception, fuelled by the success of Bitcoin and the explosion of potential use cases created high, if not hyped, expectations with respect to the transformative role of blockchain for the industry and the public sector. Growing experimentation with distributed ledgers and the emergence of the first operational implementations provide an opportunity to go beyond hype and speculation based on theoretical use cases. This report looks at the ongoing exploration of blockchain technology by governments. The analysis of a group of pioneering developments of public services shows that blockchain technology can reduce bureaucracy, increase the efficiency of administrative processes and increase the level of trust in public recordkeeping. Based on the state-of-art developments, blockchain has not yet demonstrated to be either transformative or even disruptive an innovation for governments as it is sometimes portrayed. Ongoing projects bring incremental rather than fundamental changes to the operational capacities of governments. Nevertheless some of them offer clear value for citizens. Technological and ecosystem maturity of distributed ledgers have to increase in order to unlock the transformative power of blockchain. Policy agenda should focus on non-technological barriers, such as incompatibility between blockchain-based solutions and existing legal and organizational frameworks. This principal policy goal cannot be achieved by adapting technology to legacy systems. It requires using the transformative power of blockchain to be used to create new processes, organizations, structures and standards. Hence, policy support should stimulate more experimentation with both the technology and new administrative processes that can be re-engineered for blockchain.
    Keywords: blockchain, public sector, distributed ledgers, digital government, public services
    Date: 2019–04
  7. By: Bashkatov, Igor (Башкатов, Игорь) (The Russian Presidential Academy of National Economy and Public Administration); Verglinskiy, Andrey (Верглинский, Андрей) (The Russian Presidential Academy of National Economy and Public Administration); Savchenko, Igor (Савченко, Игорь) (The Russian Presidential Academy of National Economy and Public Administration); Shturbina, Natalia (Штурбина, Наталья) (The Russian Presidential Academy of National Economy and Public Administration); Yakhontova, Elena (Яхонтова, Елена) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The sophisticated environment in which modern educational systems are developing has determined the necessity of transition to fundamentally new systems of organizational management. The key difference between such systems and traditional management systems is that they take into account cultural and value characteristics of organizations, which requires integration of formal and informal management mechanisms. In this regard, project management is considered as a way of systematic use of formal mechanisms of organization management and their integration with informal mechanisms. Strategic goals of education development require effective tools for their implementation. Project activities play a special role in this process. However, it is often formal and chaotic. Time has come for creating project management systems in education. Objectively, there is a contradiction between the need to ensure sustainable development of the education system and the limited capabilities of the existing tools of project management. This research is aimed at resolving this contradiction; within the framework of this work we include practical recommendations for the effective implementation of project management systems in education have been developed.
    Date: 2019–04
  8. By: Kurakova, Natalia (Куракова, Наталия) (The Russian Presidential Academy of National Economy and Public Administration); Zinov, Vladimir (Зинов, Владимир) (The Russian Presidential Academy of National Economy and Public Administration); Tsvetkova, Liliya (Цветкова, Лилия) (The Russian Presidential Academy of National Economy and Public Administration); Kupriyanova, Olga (Куприянова, Ольга) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: One of the key strategic verticals of the modern science and technology policy of the Russian Federation is the translation of applied research into the format of full life cycle projects, including all stages from solving fundamental problems to developing a prototype market product. This paper is devoted to the development of methodological approaches for making management decisions aimed at improving the effectiveness of the KSTP, the analysis of typical problems of which is carried out on the example of the program “Post-Genomic Technologies: From Genetic Editing to Synthetic Biology”.
    Date: 2019–04

This nep-ppm issue is ©2019 by Arvi Kuura. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.
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