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on Project, Program and Portfolio Management |
| By: | Johanna Ayrault (CGS i3 - Centre de Gestion Scientifique i3 - MINES ParisTech - École nationale supérieure des mines de Paris - PSL - Université Paris sciences et lettres - CNRS - Centre National de la Recherche Scientifique); Martijn van den Hurk |
| Abstract: | Public authorities are committing to the decarbonization of economies. Public utilities especially district heating networkscould serve as critical levers for cutting carbon emissions. Heat production accounts for about fifty percent of the global energy consumption and is still heavily carbonized. Fossil-free and locally-based district heating systems are being promoted and implemented with the support of public authorities. These innovative systems raise challenges as they integrate a greater variety of stakeholders than conventional ones. To maximize the creation of public value, public authorities have been setting up co-creation processes with these stakeholders. This paper analyzes how co-creation processes are used in district heating projects, using a framework that revolves around three co-creation activities: setting up a collaborative network, defining the collaborative governance and assessing and learning from project outcomes. These activities are studied throughout the lifecycle of five projects: three innovative district heating networks and two conventional ones. Innovative projects are expected to demonstrate more articulated and elaborate forms of co-creation compared to conventional counterparts, including more activities and a greater diversity of stakeholders involved. The data comes from twenty-seven semi-structured interviews, informal discussions with project stakeholders, and an analysis of project documentspartly publicly available, partly confidential. The research findings focus on (1) demonstrating and explaining the use of co-creation within the selected cases and (2) discussing the critical limitations of and barriers to the integration of co-creation in the utility sector. |
| Keywords: | Public value co-creation,utilities,district heating |
| Date: | 2022–07–07 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-03721174&r= |
| By: | Salah Jadda (INPT - Institut National des Postes et Télécommunications [Rabat]); Nawfal Acha (INPT - Institut National des Postes et Télécommunications [Rabat]); Hafid Barka (INPT - Institut National des Postes et Télécommunications [Rabat]) |
| Abstract: | Information and Communication Technologies (ICT) constitute a tool for strategic transformation, value creation, economic growth and the development of public and private organizations. ICT spending represents a very important part of the investment budget in public organizations. Research has shown that value creation related to these investments can take place only if good IT governance is established using appropriate ICT Strategic Alignment (SA) and Project Portfolio Management (MPP) approaches. The aim of this article is to help shed light on how SA and MPP techniques affect ICT investment decision-making and have a decisive influence on performance. Therefore, we propose a framework to measure the impact of the SA and the ICT PPM on both rational decision-making on ICT investments, as well as on the reduction of the behaviors effect linked to personal interests during the choices of investments, innovation and procedures simplification. |
| Abstract: | Les Technologies de l'Information et de Communication (TIC) constituent un outil de transformation stratégique, de création de valeur, de croissance économique et du développement des organisations publiques et privées. Les dépenses relatives aux TIC représentent une part très importante du budget d'investissement des organisations publiques. Les recherches ont montré que la création de valeurs relatives à ces investissements ne peut avoir lieu que si on instaure une bonne gouvernance des TIC en utilisant des approches adéquates d'Alignement Stratégique (AS) des TIC et de Management de Portefeuille de Projets (MPP). L'objectif de cet article est d'éclaircir comment les techniques d'AS et de MPP affectent les prises de décision en investissement TIC et ont une influence déterminante sur la performance. Ainsi, nous proposons un cadre qui mesure l'impact de l'AS et du MPP des TIC sur la prise de décisions rationnelles concernant les investissements TIC, sur la réduction de l'effet des comportements liés aux intérêts personnels lors des choix des investissements, sur l'innovation et sur la simplification des procédures. |
| Date: | 2021 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-03712276&r= |
| By: | Omukuti, Jessica; Barrett, Sam; White, Piran C.L.; Marchant, Robert; Averchenkova, Alina |
| Abstract: | The Paris Agreement recognizes the important role that local level actors play in ensuring climate change adaptation that contributes to meeting the global temperature goal. As a financial mechanism of the United Nations Framework Convention on Climate Change (UNFCCC) and the largest dedicated climate fund, the Green Climate Fund (GCF) is critical to achieving this goal. How GCF allocates its resources is therefore a critical area of research. This article assesses GCF’s commitment to the local delivery of adaptation finance and identifies the key barriers to GCF’s achievement of this commitment. The analysis finds that although GCF’s policies and communications fully commit to funding local level adaptation, three key barriers still prevent it from delivering finance to the local level. First, GCF lacks a unified framework for identifying and defining the local level, local actors, and local adaptation processes. Second, GCF exhibits limited transparency and accountability in relation to how approved funding for adaptation is spent, particularly for projects that claim to generate local level adaptation outcomes. Third, some Accredited Entities have limited experience and capacity for designing and implementing projects that deliver finance to the local level. This is because the local delivery of finance is not prioritized by GCF during the accreditation of entities or provision of readiness support to Accredited Entities. Our findings indicate limited evidence of GCF’s full operationalization of its commitment to supporting local adaptation. We recommend that GCF develop and apply a unified framework for defining what constitutes ‘local’. Key policy insights GCF is committed to supporting local adaptation finance in developing countries but has failed to adequately operationalize this commitment. To increase local delivery of climate finance, GCF should develop a unified framework for local delivery of adapation finance that emphasises local actors' leadership in design, implementation, and management of adaptation projects. GCF should also increase transparency and accountability of funded projects to enable independent assessments of local delivery of adaptation finance by making project information, including financial reports publicly available. GCF should ensure that Accredited Entities have capacity to develop and deliver projects that deliver adaptation finance to the local level e.g. by requiring entities to provide evidence of support for local adaptation during accreditation. |
| Keywords: | climate change adaptation; climate finance; local delivery; locally-led adaptation; transparency and accountability; UNFCCC; ES/S008381/1; awarded through through the PlaceBased Climate Action Network. |
| JEL: | F3 G3 |
| Date: | 2022–07–06 |
| URL: | http://d.repec.org/n?u=RePEc:ehl:lserod:115623&r= |
| By: | Badr Eddine Lebrouhi (SIAME - Laboratoire des Sciences de l'Ingénieur Appliquées à la Mécanique et au génie Electrique - UPPA - Université de Pau et des Pays de l'Adour, EMI - Ecole Mohammadia d'Ingénieurs); Eric Schall (SIAME - Laboratoire des Sciences de l'Ingénieur Appliquées à la Mécanique et au génie Electrique - UPPA - Université de Pau et des Pays de l'Adour); Bilal Lamrani (Faculté des sciences de Rabat); Yassine Chaibi (UMI - Université Moulay Ismail); Tarik Kousksou (SIAME - Laboratoire des Sciences de l'Ingénieur Appliquées à la Mécanique et au génie Electrique - UPPA - Université de Pau et des Pays de l'Adour) |
| Abstract: | To address the climate emergency, France is committed to achieving carbon neutrality by 2050. It plans to significantly increase the contribution of renewable energy in its energy mix. The share of renewable energy in its electricity production, which amounts to 25.5% in 2020, should reach at least 40% in 2030. This growth poses several new challenges that require policy makers and regulators to act on the technological changes and expanding need for flexibility in power systems. This document presents the main strategies and projects developed in France as well as various recommendations to accompany and support its energy transition policy. |
| Keywords: | energy transition,energy storage,energy policy,Renewable Energy,Hydrogen energy |
| Date: | 2022 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-03716839&r= |
| By: | Ismail, Mohammad (Department of Real Estate and Construction Management, Royal Institute of Technology); Wilhelmsson, Mats (Department of Real Estate and Construction Management, Royal Institute of Technology) |
| Abstract: | Stockholm is constantly changing. New buildings are built, new infrastructure replaces old infrastructure, and the city grows with the addition of new areas. We ask whether specific changes impact surrounding areas in desirable ways. Using difference-in-difference methodology, we have analysed several new construction projects in Stockholm, Sweden, from 2009 to 2014. The outcome variables that we are most interested in are whether the projects themselves affected the socio-economic background of the residents (gentrification) and whether they have affected, or even impaired, affordability. Our results indicate a limited effect of new housing investments on the proportion of people with higher education and on the proportion of younger people. However, we found a positive effect on income and affordability, which may result in more significant gentrification and population displacement over time. |
| Keywords: | housing investment; gentrification; affordability; difference-in-difference; Stockholm |
| JEL: | C21 R30 R58 |
| Date: | 2022–08–16 |
| URL: | http://d.repec.org/n?u=RePEc:hhs:kthrec:2022_008&r= |
| By: | Ricardo A. Pasquini |
| Abstract: | We examine the allocation of a limited pool of matching funds to public good projects using Quadratic Funding. In particular, we consider a variation of the capital constrained quadratic funding (CQF) proposed by Buterin, Hitzig and Weyl (2019), which tends to generate a socially optimal allocation of limited funds. |
| Date: | 2022–07 |
| URL: | http://d.repec.org/n?u=RePEc:arx:papers:2207.14775&r= |
| By: | Mikhail Miklyaev (Department of Economics, Queens University, Kingston, Ontario, Canada, K7L3N6 and Cambridge Resources International Inc.); Glenn P. Jenkins (Department of Economics, Queens University, Kingston, Ontario, Canada, K7L3N6 and Cambridge Resources International Inc.); Brian B. Matanhire (Cambridge Resources International Inc.); Precious P. Adeshina (Cambridge Resources International Inc.) |
| Abstract: | Mozambique’s Public Investment Management (PIM) system is still developing. A number of reforms and technical assistance mission have been carried out by the World Bank in collaboration with Ministry of Economy and Finance to strengthen the country’s PIM system. Mozambique has made great strides in establishing a robust institutional framework for PIM, which will contribute to the efficient delivery of public goods and services through investments in Public Investment Plans (PIPs) and programs. The introduction of climate-smart appraisal techniques will enable investment programs to be developed that result in a more effective implementation of policy and development goals. To improve the management of public investments, Mozambique developed the Electronic National Public Investment Subsystem (ESNIP) in 2018 with the technical assistance of the World Bank and the Department for International Development (DFID). ESNIP’s objective is to ensure that public resources are allocated to initiative (project and programs) that will maximize the socio-economic outcomes of public investment. The implementation of climate-smart policies will serve to reinforce these policies of the Government of Mozambique. |
| Keywords: | Public Investment Management Systems, Public Investment Plan, Mozambique, World Bank. |
| JEL: | O2 O3 O23 |
| Date: | 2022–08–04 |
| URL: | http://d.repec.org/n?u=RePEc:qed:dpaper:4594&r= |