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on Project, Program and Portfolio Management |
By: | Average Chigwenya; Emmanuel Kanyamaure; Hillary Mbombo |
Abstract: | This study examines GIS-integrated design management practices in Zimbabwean infrastructure development projects through a web-based survey of 198 respondents. Despite development efforts, Bulawayo faces persistent project management challenges, including issues with stakeholder coordination, design quality, and environmental sustainability. These difficulties have led to project failures, wasted resources, and unmet needs, exacerbated by the underutilisation of GIS-integrated design management. The study seeks to identify the root causes of these challenges and propose solutions to improve project success rates in Bulawayo. Firstly, the study aims to examine the current practices of GIS-integrated design management in Zimbabwe's IDPs, providing a comprehensive overview of how these practices are implemented and utilised. Second, it seeks to analyse how the integration of GIS in design management can enhance environmental sustainability in IDPs, exploring the potential for GIS technologies to contribute to more eco-friendly infrastructure projects. Third, the study will evaluate the role of GIS-integrated design management in improving the success of infrastructure development projects through enhanced stakeholder collaboration, highlighting the benefits of improved communication and coordination among project stakeholders. Finally, the study will assess the impact of GIS-integrated design management on cost efficiency in infrastructure development projects, examining how these practices can lead to cost savings and more efficient use of resources. The results indicate that Design Thinking and Agile Design are the most prevalent methodologies, with mean scores of 3.6549 and 3.6429, respectively. These methods are favoured for their iterative, flexible, and user-centric approaches, which align well with the evolving demands of infrastructure projects. The analysis shows a moderate positive correlation (r = 0.265) between integrated design management and environmental sustainability, which is statistically significant (p = 0.000). This suggests that enhanced design management practices are linked to better environmental outcomes. Additionally, there is a significant correlation (r = 0.268, p = 0.01) between integrated design management and stakeholder collaboration, indicating that these practices improve collaboration by providing shared platforms for communication and project information. Conversely, the correlation between integrated design management and cost efficiency is minimal (r = 0.043, p = 0.552), suggesting that these practices do not significantly influence cost efficiency. A positive but modest correlation (r = 0.249) with project success, significant at the 0.01 level, implies that effective design management practices contribute to project success, though the impact is moderate. Based on these findings, it is recommended to continue developing and integrating Design Thinking and Agile Design methodologies to enhance project management effectiveness. Furthermore, to maximise the positive impact on environmental sustainability, it is advisable to deepen the integration of GIS tools that support environmental management and regulatory compliance. Investment in advanced GIS tools that facilitate real-time collaboration and data sharing can also improve stakeholder engagement and project alignment. The study makes significant contributions to the practical use of GIS integration in design management, which is an emerging and developing practice in infrastructure development projects considering the rapid pace and development of technology. |
Keywords: | Design Management; Environmental Sustainability; GIS; Infrastructure development; Project Success |
JEL: | R3 |
Date: | 2024–01–01 |
URL: | https://d.repec.org/n?u=RePEc:afr:wpaper:afres2024-048 |
By: | Eliasson, Jonas |
Abstract: | This paper analyzes the accuracy of cost estimates for Swedish transport infrastructure projects 2004-2022, discusses causes of cost overruns, and suggests remedies. Cost estimates for all projects in the national investment plans 2010-2022 are tracked from early planning to completion. Final costs for all projects finished 2004-2022 are compared to decision-stage cost estimates. Results show that cost estimates increase considerably during the planning stages, on average, while cost estimates at the final decision stage are close to final costs, on average. Cost escalations during the planning stage are not uniform, however: the distribution of cost changes is highly skewed with a long right tail. The reason that final costs tend to exceed early cost estimates is that project decisions are effectively locked in before projects’ costs and benefits have been thoroughly assessed. Lock-in of premature decisions does not only cause cost overruns; even worse, it distorts project selection and design, reduces incentives to search for more cost-efficient designs, and increases opportunities and incentives for project beneficiaries to underestimate costs and overestimate benefits. Several ways to tackle these problems are suggested. |
Keywords: | cost overruns; transport infrastructure; project management; decision processes; transport policy |
JEL: | H54 R42 R48 |
Date: | 2024–12–03 |
URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:122862 |
By: | Coco, Giuseppe; Monturano, Gianluca; Resce, Giuliano |
Abstract: | Public investment in infrastructure is essential for economic growth, but delays in project implementation can undermine its benefits. This paper examines the determinants of such delays using data from cohesion projects in Italy. We predict which projects are likely to experience delays and identify the key contributing factors by means of machine learning (ML) techniques. To avoid endogeneity, we use only (lagged) features observed at the start of the project as predictors. Our findings show that socioeconomic factors and institutional weaknesses in various regions play a significant role in these delays. The discipline imposed by rules and strict implementation timing on EU funds seems to work, lending credibility to the hypothesis of the benefit of an external commitment. Results underscore the potential of ML in designing appropriate implementation policies, enhancing project management, and improving the outcomes of public investments. |
Keywords: | Territorial cohesion, Administrative efficiency, Machine learning, Project Delays. |
JEL: | H77 R58 O18 C55 |
Date: | 2025–01–08 |
URL: | https://d.repec.org/n?u=RePEc:mol:ecsdps:esdp25099 |
By: | Magali Ayache (THEMA - Théorie économique, modélisation et applications - CNRS - Centre National de la Recherche Scientifique - CY - CY Cergy Paris Université); Hervé Dumez (i3-CRG - Centre de recherche en gestion i3 - X - École polytechnique - IP Paris - Institut Polytechnique de Paris - IP Paris - Institut Polytechnique de Paris - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique) |
Abstract: | The study of strategic alliances has traditionally focused on their initial purpose and examined the complementarities in assets and competences that prompt two firms with aligned objectives to collaborate. More recently, research has shifted toward understanding the dynamic nature of these alliances. In alignment with Dyer and his colleagues (1998; 2018), this article seeks to investigate the Renault-Nissan strategic alliance as a relationship conceptualized as a project of projects. To achieve this, this study draws on the literature on alliances, relationships, and projects. Through the analysis of the Renault-Nissan Alliance, the study establishes that this collaboration is a dynamic, multilevel relationship that articulates an unfinished project (‘unfinished business'; Duck, 1990) and finished projects and that presents itself as a project of projects. Within this dynamic framework, the future takes precedence over the past (questioning the importance of relational capital). By examining the Renault-Nissan case through the lens of relational dynamics as a project of projects, this article makes thoughtful contributions to the theories of alliances, projects, and relationships. |
Abstract: | Les alliances stratégiques ont surtout été étudiées sous l'angle de leur raison d'être ex ante, c'est-à-dire les complémentarités des avoirs et des compétences incitant deux firmes ayant le même objectif à coopérer. Plus récemment, des études se sont intéressées à l'aspect dynamique des alliances. Dans la ligne de Dyer et ses collègues (1998 ; 2018), l'article se propose d'étudier l'alliance stratégique Renault-Nissan comme une relation conçue comme un projet. Pour ce faire, il mobilise la littérature sur les alliances, celle sur les relations et, enfin, celle sur les projets. Analysant le cas de l'alliance Renault-Nissan, il établit que cette alliance est une relation dynamique multiniveau qui articule un projet indéfini (unfinished business ; Duck, 1990) et des projets définis sous la forme globale d'un projet de projets. Dans cette dynamique, le futur prime sur le passé (le capital relationnel). En analysant le cas Renault-Nissan dans sa dynamique relationnelle comme un projet de projets, l'article contribue à la théorie des alliances, à celle des projets et à celle des relations. |
Keywords: | Strategic alliances, Relationships, Projects, Multilevel dynamic analysis, Renault-Nissan alliance |
Date: | 2024–11–18 |
URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04859345 |
By: | Afezekile Moko; Chioma Okoro |
Abstract: | Successful smart city planning necessitates collaboration among public and private stakeholders. Various financial collaboration strategies are implemented in smart city planning, such as crowdfunding, grants, and investors. However, the most prevalent collaboration model is Public-Private Partnerships (PPPs). PPPs encounter obstacles of diverse cultures and objectives, lack of support, inadequate regulations and legal structures, and unreliable risk- sharing systems. These obstacles result in disputes referred to as principal-agent problems. The study’s objective was to identify the roles of the principal and agent in a PPP when planning smart city developments. These were established through a systematic review using a single source database, Scopus. Materials published within five years, 2019 to 2023, were used. The reviewed literature includes peer-reviewed studies and published reports. Findings emphasise that the principals focus on social interest, while agents focus on cost-effectiveness and achieving a high return. Additionally, important themes around smart planning, effective communication among stakeholders, good governance, health risk assessment, and the impacts of a successful collaborative smart city project were highlighted. The study enhances understanding and highlights critical stakeholders' role in smart city planning PPPs. Future research may examine the roles of key stakeholders during implementation and post- evaluation, comparing them to the planning process to better understand the complete cycle of collaboration projects in financially sustainable smart cities. |
Keywords: | PPP; principal-agency theory; smart city planning; Sustainable Development |
JEL: | R3 |
Date: | 2024–01–01 |
URL: | https://d.repec.org/n?u=RePEc:afr:wpaper:afres2024-018 |
By: | Nataliia Kriuchkova; Vyacheslav Truba; Iryna Nyenno |
Abstract: | Understanding how economic factors affect a business is essential to making smart decisions and leading a business. However, this starts with understanding the role of internal and external factors and how they play out in a business. A start-up is no exception, although it is hard to call it a full-fledged business; a start-up is a project of any kind that is just starting to develop in the market. For the successful implementation of a new project, a certain amount of start-up capital is required. No start-up can be implemented without appropriate financial injections, without attracting investments that are quite risky and require significant attention from the investor at the investment planning stage. Almost all start-up projects are financed by investors who are willing to invest their own capital in the development of a promising project. In general, any project begins with an idea that will form the basis of a new business. If an entrepreneur manages to offer consumers a high-quality product that has no analogues in the market but is in demand, his success will be guaranteed. But to achieve this, a good idea needs to be properly developed, involving specialised professionals and investors. Venture capital funds and investment companies that invest in innovative projects are engaged in the development of such ideas, and the state stimulates these processes through a system of mechanisms and levers of economic development of business. Given the significant importance of start-ups for the economic growth of the State, the purpose of the study is to determine the role of start-ups in stimulating innovative economic growth, taking into account the challenges and risks posed by the environment. To achieve this goal, the methods of statistical data analysis, generalisation of scientific sources, specification of opportunities and risks created by start-up projects for economic systems were used. In the process of developing the study, it was found that start-ups play an important role in ensuring economic growth opportunities for the entire state, since creating favourable conditions for the development of small businesses and stimulating investment activity in innovative projects can lead to a significant increase in tax revenues to budgets of various levels in the future, but an important aspect of stimulating start-up projects is risk assessment and prudent investment in such projects. |
Keywords: | barriers to market entry, innovation ecosystem, scaling strategies, technology commercialisation, venture funding |
Date: | 2025–01–06 |
URL: | https://d.repec.org/n?u=RePEc:ete:msiper:756676 |
By: | Callanta, Daphney Shane; Moreno, Frede |
Abstract: | This study investigates the socioeconomic implications of farm-to-market road infrastructure on rural development in Zamboanga Sibugay Province, Philippines. Utilizing a mixed-methods approach, including surveys, key informant interviews, and focus group discussions, the research explores how improved road infrastructure affects agricultural productivity, market access, and household incomes. Theoretical frameworks, including Rational Choice Theory and Development Theory, provide context for understanding the decision-making processes behind infrastructure investments and their impacts on economic growth and poverty reduction. Findings reveal that enhanced road infrastructure significantly boosts agricultural output, facilitates better market access, and increases household incomes. However, challenges such as political patronage and bureaucratic inefficiencies impede project effectiveness. Recommendations include adopting data-driven decision-making, improving project planning and management, and fostering greater community involvement. By developing comprehensive monitoring and evaluation frameworks and ensuring transparency and accountability, stakeholders can optimize infrastructure investments. This research contributes to public administration theory and practice by offering actionable insights for improving rural infrastructure projects and enhancing socio-economic outcomes in the Philippines. |
Keywords: | Farm-to-Market Roads, Rural Development, Socioeconomic Impact, Infrastructure, Public Administration, Philippines |
JEL: | H4 H7 O1 O4 Q0 Q1 R0 R4 |
Date: | 2024–08–31 |
URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:122793 |
By: | Janet Serwah Gollo; J. Atsu Amegashie |
Abstract: | We investigated the factors that negatively affect the service delivery capacity of charities in Ghana by using seven Rotary clubs as a case study. Primary data was collected via a survey of executives of the seven Rotary clubs. Our analysis revealed that the three main challenges that Rotary clubs face, in descending order of importance, were inadequate financial resources, unfavourable government policies, poor governance, and bad attitudes of the beneficiaries of Rotary clubs’ charitable projects. The size of a club did not seem to have a positive effect on its service delivery capacity. We attributed this to a higher incidence of free-riding or apathy within bigger clubs. Indeed, we found that the lack of Rotarians’ involvement in projects, scope creep of projects, and Rotarians’ poor engagement with communities also had an adverse effect on service delivery. |
Keywords: | charities, governance, Rotary, service delivery |
JEL: | L30 L31 |
Date: | 2024 |
URL: | https://d.repec.org/n?u=RePEc:ces:ceswps:_11477 |
By: | Arnone, Massimo; Costantiello, Alberto; Leogrande, Angelo |
Abstract: | The article reviews the linkage of banking credit with technological innovation at global level underlining that access to finance is important for and innovation. The domestic credit percentage involving the private sector to GDP allows projects of high risk but with a very high reward, projects that are key in increasing productivity and global competitiveness significantly. This paper explores that dynamic in infrastructure, creative industries, and greening technologies. Indeed, findings from such studies do show positive correlations, such as between credit and infrastructure development or creative exports, suggesting the capability of systems of finance to transform. These findings indicate the positive relationships that exist in some contexts, such as reduced R&D investment. Taking into account the ecological bottom line, this research underlines ecosystem-based strategies of banking, green credit, and poised financial regulations for sustainable development. Synthesizing into this paper provides actionable insight into how policy makers, financial institutions, and researchers can tap into the synergy between the financial system and innovation. |
Keywords: | Panel Data, Banking, Innovation. |
JEL: | G00 G20 G21 G22 G23 G24 G28 |
Date: | 2024 |
URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:122774 |
By: | Nguyen, Quoc-Huy |
Abstract: | The construction industry has considerable difficulties in managing a large number of materials an equipments to afford the growing reliance on subcontractors. This new are of outsourcing paradigm brought hierarchical management complications and inter-site control problem to aggregate all the subcontractor resource. This work proposes a system design and an initialized implementation of a subsystem integrated to Odoo ERP framework to manage inventory and provide the support of customization report. Our proposed system provide three arrows in a pillar to tackle the warehouse operation, the hybrid access control and the different customization degree in both unified and consolidated analytic strategies. To ensure and benchmark the work, we also conducted a set of ten or more demonstration scripts as a basis for evaluating the performance of the developed system. The demonstration of Python-based module confirms the feasibility of our design and implementation, which can be accessed on the app market.This module will be available on the Odoo app store for easy access and integration. |
Keywords: | Inventory Management; Construction; Odoo |
JEL: | L74 Y40 |
Date: | 2024–12–31 |
URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:123133 |