nep-ppm New Economics Papers
on Project, Program and Portfolio Management
Issue of 2019‒12‒16
four papers chosen by
Arvi Kuura
Tartu Ülikool

  1. Proceedings: 3rd International Conference on Food and Agricultural Economics: RISK MANAGEMENT PROBLEMS AND SOLUTIONS IN RURAL TOURISM IN LATVIA By Kaufmane, Dace; Eglite, Aija
  2. DESIGNING EXPERIENTIAL TRAINING IN LEAN PRODUCT DEVELOPMENT: A COLLABORATION BETWEEN INDUSTRY & ACADEMIA By Eric Blanco; Stéphanie Bérard; Sylvie Blanco; Pierre Chévrier; Emmanuelle Heidsieck; John Kenwright; Virginie Verges
  3. Mergers and Innovation Portfolios By José Luis Moraga-González; Evgenia Motchenkova; Saish Nevrekar
  4. Lessons Learned for Designing Programs to Charge for Road Use, Congestion, and Emissions By Jenn, Alan

  1. By: Kaufmane, Dace; Eglite, Aija
    Abstract: As project management practiceexpandedin national and nongovernmental organizations in Latvia, the role of various project-related activities increased. Latvia is a Member State of the EU that obtains EU funding and implements a lot of EU co-funded projects in various industries of the national economy, including rural tourism. In Latvia, rural tourism is defined as a kind of tourism aimed at offering tourists opportunities to rest or use tourist accommodation facilities in countryside based on local social, cultural and natural resources. Implementing a project involves potential problems or risks that can affect the pace of the project implementation. Rural tourism projects are exposed to both industry-specific risks and classical financial, technological, administrative, human resource, fraud and legal risks. National institutions, associations and countless private entrepreneurs that have received EU funding for their project proposals under support programsdeal with project implementation. The association PierigasPartneriba, the administrations of Kurzeme planning region and Vidzemeplanning region, the association Rural Traveler etc. could be referred to as one of the largest project implementers in terms of amount of funding involved. Risk management is a component of project management that deals with a successful and effective project implementation pace; therefore, it is important to identify how to minimize every potential risk. The aim of the paper is to identify risk management problems and solutions in rural tourism in Latvia based onananalysis of relevant research investigations. A content analysis revealed main risk management problems and solutions to the problems. A solution could be found to most of the problems with rural tourism projects even if a risk occurs unexpectedly, and a solution is easier to find to a timely identified risk, as well as more time is available for finding the solution.
    Keywords: Risk and Uncertainty
    Date: 2019–04
  2. By: Eric Blanco (G-SCOP_CC - CC - G-SCOP - Laboratoire des sciences pour la conception, l'optimisation et la production - UJF - Université Joseph Fourier - Grenoble 1 - Grenoble INP - Institut polytechnique de Grenoble - Grenoble Institute of Technology - INPG - Institut National Polytechnique de Grenoble - CNRS - Centre National de la Recherche Scientifique - UGA - Université Grenoble Alpes); Stéphanie Bérard (GEM - Grenoble Ecole de Management); Sylvie Blanco (GEM - Grenoble Ecole de Management); Pierre Chévrier (G-SCOP_CC - CC - G-SCOP - Laboratoire des sciences pour la conception, l'optimisation et la production - UJF - Université Joseph Fourier - Grenoble 1 - Grenoble INP - Institut polytechnique de Grenoble - Grenoble Institute of Technology - INPG - Institut National Polytechnique de Grenoble - CNRS - Centre National de la Recherche Scientifique - UGA - Université Grenoble Alpes); Emmanuelle Heidsieck (GEM - Grenoble Ecole de Management); John Kenwright (Grenoble INP - Institut polytechnique de Grenoble - Grenoble Institute of Technology); Virginie Verges (ST-GRENOBLE - STMicroelectronics [Grenoble])
    Abstract: This paper presents how collaboration between academics and industry initiated in the context of a local innovation consortium led to the design of a training programme in lean development. The approach inspired from design thinking principles was developed by an interdisciplinary team of researchers in R&D efficiency and agile project management, pedagogical advisors, specialists in serious game design and project management from academia, lean experts and engineers from the company. Intense collaboration, experience-based inspiration, rapid prototyping including engineers from the company, observers from university, quick learning loops and feedback, contributed to the development of this training programme. This collaboration favoured discussion in terms of expectations from the company and setting up the foundation of the training programme including the constraints of deploying the course for up to 2000+ targeted people worldwide. Experiential learning through serious games and case studies is the pedagogical foundation of the teaching material. The paper discusses the training design process, hypothesis and objectives. All stakeholders learnt from this design thinking approach, leading to innovative training co-creation and demonstrating the richness of interdisciplinary teamwork and relevance of a user-centred approach for lifelong learning training design.
    Keywords: Lean development,R&D,lifelong learning,serious games,experiential learning
    Date: 2019–09–12
  3. By: José Luis Moraga-González (Vrije Universiteit Amsterdam); Evgenia Motchenkova (Vrije Universiteit Amsterdam); Saish Nevrekar (Universidad Carlos III de Madrid)
    Abstract: This paper studies mergers in markets where firms invest in a portfolio of research projects of different profitability and social value. The portfolio nature of the investment problem brings about novel insights on the external effects of firms’ investments. The investment of a firm in one project imposes a negative business-stealing externality on the rival firms because it lowers the probability they win the innovation contest for that project; however, the investment of a firm in one project also exerts a positive business-giving externality on the rival firms because it increases the likelihood they win the contest for the alternative project.
    Keywords: innovation portfolios, R&D contests, mergers
    JEL: O32 L13 L22 O31
    Date: 2019–12–08
  4. By: Jenn, Alan
    Abstract: Driving is associated with a series of costs to society, or externalities. These include road damages, traffic congestion, and vehicle emissions (of both local pollutants and greenhouse gases). A fuel tax has been used in the United States to account for some of these costs, particularly road damage. However, other methods of pricing may be more effective and able to cover a variety of externalities. While several successful programs have been implemented in other countries, very few have been attempted in the United States. To inform the optimal design of programs to price road use/damage, emissions, and congestion, researchers at UC Davis reviewed published studies, examined existing programs, and investigated potential design choices for such programs. This policy brief summarizes the findings of that study. View the NCST Project Webpage
    Keywords: Law, Social and Behavioral Sciences, Vehicle pricing, congestion charges, mileage fees
    Date: 2019–12–01

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