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on Project, Program and Portfolio Management |
| By: | Ullah, Nazim; Rashid, Mamun; Islam, Taufiqul; ayub, Md; Tanzi, Shariar; Utsho, Mohaiminul |
| Abstract: | Stakeholder plays significant roles in project success. They ensure clear communication of project goals, contribute to decision-making, and demonstrate commitment, increasing the likelihood of successful outcomes. They also act as advocates within their organizations, generating buy-in and support. The main purpose of this paper is to identify and discuss the roles of shareholders in a project success. The paper is conceptual in nature and uses a number literatures ranging from 2007 to 2023 from a good number of journals. After scrutinized the literature review, the paper concludes a number of findings. The findings implies that stakeholders in a project is crucial for its success and sustainability. They play a significant role in ensuring the performance of the project. Project managers need to acquire stakeholder management skills to address the communication requirements of stakeholders. This is important for the success of the project. The paper recommend that policymakers, practitioners and academia have to ensure the expectations and make a balance among the stakeholders. |
| Keywords: | Stakeholders, Project Management, Stakeholder Theory, Project Outcome |
| JEL: | G32 |
| Date: | 2023–09–28 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:118717&r=ppm |
| By: | Ralf Martin; Dennis Verhoeven |
| Abstract: | The UK government has committed to increase R&D support for clean technologies in an effort to meet its net-zero target by 2050. The opportunity cost of such programs crucially depends on the value of knowledge spillovers that accrue from clean relative to other (emerging) technologies. Using patent information to measure the value of direct and indirect knowledge spillovers, we derive estimates for the expected economic returns of subsiding a particular technology field. Our method allows comparing fields by the returns a hypothetical additional subsidy would have generated within the UK or globally. Clean technologies are top-ranked in terms of within-UK returns, with Tidal and Offshore Wind showing particularly high returns. In terms of global returns, emerging technologies such as Wireless, as well as Electrical Engineering outperform Clean by a small margin. We also find that cross-border knowledge spillovers are important for all technology fields, with global return rates over ten times larger than within-UK ones. In sum, our results suggest that the opportunity cost of R&D support programs for clean innovation in the UK is low at worst. |
| Keywords: | innovation, knowledge spillovers, clean technology, innovation policy, patent data, Productivity, Productivity |
| Date: | 2022–12–15 |
| URL: | http://d.repec.org/n?u=RePEc:cep:poidwp:053&r=ppm |
| By: | Dandan Li; Lie Ma |
| Abstract: | Nowadays, Chinese real estate firms (CREFs) are facing challenges of tightened financing criteria, raised prices of land use rights, and increased industrial concentration. In response to market changes, more and more CREFs are involved in collaborative delivery through project-based joint ventures (JVs). However, when influenced by pluralistic delivering logics, the JVs’ internal operations can be hard to understand, and their behaviour may be difficult to predict. This paper uses institutional theory and hybrid organizing as a theoretical framework to explore how JVs coordinate and integrate their resources and competencies, as well as govern tensions between competing logics. In doing so, we first use a broad literature review and field interviews to capture institutional logics embodied in the Chinese real estate sector. As a result, two logics (i.e., mass production and unit production) and the underpinned practices are refined. Secondly, based on the case of CREF- Gemdale, we further investigate how the JV-Gemdale’s organizational structure, activities, and processes are assembled and mobilized during the collaborative delivery. In particular, we show that, instead of integration or differentiation approaches, as the literature typically suggests, JVs can selectively hybrid organize elements prescribed by competing logics. Subsequently, this paper further explores the manifestations of tensions and how the JV-Gemdale responds to them. The result shows that tensions and responses are influenced by how JVs selectively hybrid organize. Overall, our findings theoretically contribute to a better understanding of how project-based organizations navigate in pluralistic institutional environments. |
| Keywords: | Chinese real estate firms; Collaborative delivery; Hybrid organizing; Institutional logic |
| JEL: | R3 |
| Date: | 2023–01–01 |
| URL: | http://d.repec.org/n?u=RePEc:arz:wpaper:eres2023_219&r=ppm |
| By: | Gilles Grolleau (ESSCA School of Management, Lyon); Naoufel Mzoughi (ECODEVELOPPEMENT - Unité de recherche d'Écodéveloppement - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement); Qurat-Ul-Ain Talpur (ESSCA School of Management, France) |
| Abstract: | While conventional analyses of farm hospitality upsides and downsides exist, the emotional labour requirements of such service-intensive activity are frequently overlooked. Ignoring this emotional component and its consequences (e.g. identity loss vs. reinforcement, emotional harmony) can explain project fates. By applying emotional labour to farm-based hospitality, we draw new insights. Farmers can benefit from guests' emotional support and become ‘makers' rather than ‘takers' of emotional rules. From a policy perspective, increasing the farmers' emotional literacy can facilitate a better match between their characteristics and agritourism projects. |
| Keywords: | agritourism, diversification, emotional labour, farm-based hospitality, farmers, local markets. |
| Date: | 2023 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-04240587&r=ppm |
| By: | Uduakobong E. Akpan; Olusegun A. Ogunba; Timothy T. Ayodele |
| Abstract: | The study assessed the degree to which the traditional NPV captured the risk and uncertainty inherent in real estate development projects in Lagos, Nigeria, using case studies. This was with a view to enhancing real estate investment decision making in developing countries of Africa. Two commercial real estate developments were selected as case studies for the study. Probabilistic risk analysis models (risk adjusted discount rate and certainty equivalent models) were used to assess the risk inherent in the development projects while real option analysis (Samuelson Mckean Model) was used to test the effect of flexibility on the investments (uncertainty analysis). The methodology involved first carrying out an appraisal of the case studies using the traditional NPV. Thereafter, the appraisal outcomes of the NPV analysis were compared to outcomes using contemporary models (risk and uncertainty analysis). The findings of the study showed that the contemporary models - which were not much in use in the study area - provided much more profound investment advice for clients and a much more robust basis for client decision making than the traditional NPV model. The study concluded that contemporary models deserve to be in much more use in the developing economies of Africa. |
| Keywords: | Development appraisal; NPV; real option analysis; Risk Analysis |
| JEL: | R3 |
| Date: | 2023–01–01 |
| URL: | http://d.repec.org/n?u=RePEc:afr:wpaper:afres2023-026&r=ppm |
| By: | Daniel Adams†; Adrian Tiplady; Frédéric Sgard |
| Abstract: | The Square Kilometre Array (SKA) is one of the largest and most ambitious research infrastructure ever to be built. South Africa will be hosting one of its two main sites. The decision to host such an ambitious project for a middle-income country required careful consideration of the potential benefits and the associated risks for the socio-economic development of the country and the region more broadly. This working paper describes how the potential impact of SKA for South Africa was envisaged from the start of the project, how this was integrated in the project development, what policy initiatives and interventions were taken to maximize impact and the lessons learned, from South Africa’s science policy perspective, during the early phases of the development of the SKA. |
| Keywords: | impact assessment, Research infrastructure |
| Date: | 2023–11–14 |
| URL: | http://d.repec.org/n?u=RePEc:oec:stiaaa:2023/07-en&r=ppm |