nep-ppm New Economics Papers
on Project, Program and Portfolio Management
Issue of 2024‒10‒28
seven papers chosen by
Arvi Kuura, Tartu Ülikool


  1. Perception of value creation in the project-based organization : results of an exploratory study. By Sara EL Hadri; Mohamed Hemmi
  2. Avoiding harm or creating benefit? How a risk focus sidelines social considerations in early decisions for Australian infrastructure projects By O'Connor, Ruth; Sanchez, Emerson; Bice, Sara; Jones, Kirsty; Henderson, Hayley
  3. Blue Transitions in the Black Sea: Living Labs as a tool to support the transition to a sustainable blue economy in the Black Sea By Akinsete, Ebun; Guittard, Alice; Koundouri, Phoebe; Papadaki, Lydia
  4. Democratizing Strategic Planning in Master-Planned Communities By Christopher K. Allsup; Irene S. Gabashvili
  5. A New Season for PPPs between Strategy and Sustainability Perspective: A Comparative Analysis in the Italian Healthcare Sector By Salvatore Russo; Stefania Simoni
  6. Analysis of Decision-Making Practices Within Local Action Groups in France By Marija Roglić; François Galabrun
  7. Navigating sustainable innovation: An exploratory study of entrepreneurial ecosystems for coastal regeneration Reflections on promoting best practices from the European project Bauhaus of the Seas Sails By Michele Andrea Tagliavini

  1. By: Sara EL Hadri (USMBA - Université Sidi Mohamed Ben Abdellah - Fès [Université de Taza]); Mohamed Hemmi (USMBA - Université Sidi Mohamed Ben Abdellah - Fès [Université de Taza])
    Abstract: Abstract The issues of value creation and project-based organization have been examined separately by several studies, but few studies have combined value creation and project-based organization. To this end, this study seeks to provide an answer to the question of how project-based organizations perceive the notion of value and value creation. Opting for an exploratory analysis, a qualitative study was carried out within an industrial company organized on a project basis. The results of this study show that the concepts of value and value creation remain, from the point of view of the various players, vast and refer in the majority of cases to the notion of performance. Keywords : Exploratory analysis ; Project-based organization ;Value creation.
    Abstract: Résumé Cette étude cherche à répondre à la question de savoir comment les organisations par projets perçoivent la notion de valeur et de création de valeur. Optant pour une analyse exploratoire, une étude qualitative a été menée au sein d'une entreprise industrielle organisée en mode projet. Les résultats de cette étude montrent que les concepts de valeur et de création de valeur restent, du point de vue des différents acteurs, vastes et renvoient dans la majorité des cas à la notion de performance.
    Keywords: étude exploratoire, Organisation par projet création de valeur étude exploratoire Exploratory analysis Project-based organization Value creation. African Scientific Journal, Organisation par projet, création de valeur, étude exploratoire Exploratory analysis, Project-based organization, Value creation.
    Date: 2024
    URL: https://d.repec.org/n?u=RePEc:hal:journl:hal-04704778
  2. By: O'Connor, Ruth; Sanchez, Emerson; Bice, Sara; Jones, Kirsty; Henderson, Hayley
    Abstract: There is a growing need to maximise the social benefits achieved from public investment in infrastructure, particularly with the transition to net zero economies. Project Delivery Models (PDMs)—the contractual agreements that set out roles and responsibilities for infrastructure project partners—can underpin the delivery of social benefits, yet the processes involving their selection are largely opaque. In this paper we explore how social considerations inform PDM selection and how this is facilitated by policy. We interviewed highly experienced procurement professionals from the sector about how social benefits and risks are considered. We also examined how the associated regulatory environment supports social considerations through documentary analysis of auditing guidance documents. We found that not only are social benefits sidelined in early project decisions, but social risks are inadequately considered. An entrenched gap in social expertise contributes to this situation while project compartmentalisation presents challenges for inclusion and transparency in decision-making. Current auditing processes provide little incentive for social benefit consideration and reinforce both risk framing and compartmentalisation of major infrastructure projects. The paper offers new and important insights into this early project stage and distils five recommendations for improving social benefit creation from infrastructure investments, particularly in developed economies.
    Date: 2024–09–29
    URL: https://d.repec.org/n?u=RePEc:osf:socarx:6n9qy
  3. By: Akinsete, Ebun; Guittard, Alice; Koundouri, Phoebe; Papadaki, Lydia
    Abstract: This paper captures an ongoing joint initiative which spans three EU-funded projects active within the Black Sea region, each utilising living labs to support the overall development of the Blue Economy in a sustainable manner. The Black Sea is a complex resource-rich socio-ecological ecosystem nestled within a dynamic geo-political space, thus providing both fundamental challenges and great opportunities within the Blue Economy sectors. Each of the projects adopts diverse yet complimentary focii in terms of stakeholder groups, geographic location, thematic focus and level of governance. The paper outlines the overarching methodology of Systems Innovation implemented by the initiative, before presenting each project and the activities undertaken therein. The paper concludes on the potential implications held by emerging findings, both methodological and thematic, on the sustainable development of the Blue Economy and related policy in the region.
    Keywords: Living Labs, Co-creation, Blue Economy, Black Sea, Systems Approaches
    JEL: P4 Z1
    Date: 2023–05
    URL: https://d.repec.org/n?u=RePEc:pra:mprapa:122010
  4. By: Christopher K. Allsup; Irene S. Gabashvili
    Abstract: This paper introduces a strategic planning tool for master-planned communities designed specifically to quantify residents' subjective preferences about large investments in amenities and infrastructure projects. Drawing on data obtained from brief online surveys, the tool ranks alternative plans by considering the aggregate anticipated utilization of each proposed amenity and cost sensitivity to it (or risk sensitivity for infrastructure plans). In addition, the tool estimates the percentage of households that favor the preferred plan and predicts whether residents would actually be willing to fund the project. The mathematical underpinnings of the tool are borrowed from utility theory, incorporating exponential functions to model diminishing marginal returns on quality, cost, and risk mitigation.
    Date: 2024–10
    URL: https://d.repec.org/n?u=RePEc:arx:papers:2410.04676
  5. By: Salvatore Russo (Dept. of Management, University of Venice); Stefania Simoni (Dept. of Management, University of Venice)
    Abstract: The different varieties and intensities of crises over the past decade have led to a renewed vision of instruments for public intervention in collaboration with the private sector. The same COVID-19 crisis has strained infrastructure projects globally, and in particular public-private partnerships (PPPs), at all stages and in all sectors—with implications for governments, providers of infrastructure assets and services, their financiers, and end-users. Over the years, public-private partnership, with its various peculiarities, has become strategically important in areas where, previously, only public companies/public agencies operated. In particular, several management experiments aimed at introducing the use of special formulas of PPP in the management of public health authorities. The purpose of this study is to examine the strategic aims of PPPs and its viability in terms of sustainability.Case study methodology was chosen to achieve the objectives of the study. The Azienda USL Toscana and the ASL Pedemontana were identified as the two selected cases study. The main reasons for those choices are the subject of the survey, the operational differences between the Tuscany region and the Veneto region and the methods of data collection. The cases were developed through information collected by literature review; desk analysis of documentation provided by corporate managements and private partners and by conducting semi-structured interviews with actors involved in decision-making processes. Interviews were conducted with the Project Manager (the RUP of ASL Pedemontana and the Director of S.I.O.R Department of Azienda USL Toscana) of the public health authorities. In the private sector, both Chief operating officers were interviewed as project financing coordinators. A qualitative approach was used to analyze the interviews. In fact, through coding, respondents' views were highlighted. Finally, two evidences tree were constructed and the collected data were compared in order both to identify diffent practices and to archive a shared understanding of the phenomenon. The analysis of the project revealed very different management models. The current analysis has identified the main key problems of project financing: information asymmetry, the inadequacy of certain skills and difficulties in risk allocation. Through our analysis, we were also able to identify strategic choices for achieving better social, economic and financial outcomes. The evidences collected will make it possible to make more effective and efficient choices in the development of future projects between private actors and public institutions.
    Keywords: PPP, Public-Private Partnerships, Sustainability
    JEL: J1 M4
    Date: 2023–10
    URL: https://d.repec.org/n?u=RePEc:vnm:wpdman:206
  6. By: Marija Roglić (Labex Entreprendre - UM - Université de Montpellier, Groupe Sup de Co Montpellier (GSCM) - Montpellier Business School); François Galabrun
    Abstract: This study analyzes the decision-making mechanisms of Local Action Groups (LAGs) within the LEADER program in France between 2020 and 2024. By evaluating decision-making procedures, project selection tools, and interactions with project promoters, the research highlights the necessity for LEADER to adopt a systemic approach. This involves redefining the uniqueness of each project, questioning established practices, integrating learned lessons, and thoroughly exploring different aspects of the process to ensure a positive experience for all stakeholders.
    Abstract: Cette étude analyse les mécanismes de prise de décision des Groupes d'Action Locale (GAL) dans le cadre du programme LEADER en France entre 2020 et 2024. En évaluant les procédures décisionnelles, les outils de sélection des projets et les interactions avec les porteurs de projets, la recherche met en évidence la nécessité pour LEADER d'adopter une approche systémique. Cela implique de redéfinir l'unicité de chaque projet, de remettre en question les pratiques établies, d'intégrer les leçons apprises et d'explorer en profondeur les différents aspects du processus pour assurer une expérience positive à toutes les parties prenantes.
    Keywords: LEADER approach, Participation Decision, Multistakeholder model, Simplification administrative
    Date: 2024–09–20
    URL: https://d.repec.org/n?u=RePEc:hal:journl:hal-04704051
  7. By: Michele Andrea Tagliavini (Dept. of Management, Venice School of Management, Università Ca' Foscari Venice)
    Abstract: This study explores the topic of entrepreneurial ecosystems for coastal regeneration by combining an analysis of relevant literature with the experiences lived within the European project Bauhaus of the Seas Sails, in particular relating to the development of a key framework called "Territorial Identity Card”, a tool designed to capture the essence of each coastal territory. By identifying ten key parameters common to the seven cities involved, this tool serves to guide the development of future strategies. Although the overall goal of the research is to define a sound strategy to promote sustainable entrepreneurial ecosystems in coastal regions, this paper focuses primarily on the preliminary phase of the research, laying the groundwork for subsequent in-depth analysis. This working paper serves as a compass, charting the course for future research efforts to translate key insights into actionable strategies.
    Keywords: Urban and territorial regeneration, entrepreneurial ecosystems, innovation, sustainability, inclusion, coastal areas, replication
    Date: 2024–01
    URL: https://d.repec.org/n?u=RePEc:vnm:wpdman:210

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