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on Project, Program and Portfolio Management |
| By: | M.D.M. Ariyawansha (University of Moratuwa); V Wickramasinghe (University of Moratuwa) |
| Abstract: | Organizational politics is a pervasive element in modern project environments, influencing both managerial decision quality and project success. Guided by Behavioral Decision Theory (BDT), this study investigates the direct relationship between decision-making and project performance, and the moderating role of organizational politics in this relationship. A quantitative research design was employed, drawing on survey data collected from 322 project professionals across diverse industries in Sri Lanka. The moderation analysis was performed with SPSS and PROCESS Macro. The results reveal a strong positive relationship between effective decision-making and project performance. Conversely, organizational politics negatively affects both decision-making and performance and weakens the relationship. These findings empirically validate the moderating role of organizational politics within the BDT framework. Practically, it underlines the need for open governance arrangements, political risk management, and stakeholder arrangement strategies to safeguard project success. |
| Keywords: | Workplace dynamics, Workplace politics, Behavioral Decision Theory, Decision-making, Organizational politics, Governance in projects, Project management, Project success, Managerial decision-making, Political behavior, Power and influence, Project-based environments, Project performance |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05482872 |
| By: | Vathsala Wickramasinghe (University of Moratuwa); U. Balasooriya (University of Moratuwa) |
| Abstract: | The purpose of the study was to investigate factors affecting the career satisfaction of vendors' employees who perform project tasks on-site at clients' owned facilities for several years as part of project delivery in Sri Lanka. The study identified six factors that influence the career satisfaction of these employees, namely, work content, financial rewards and other gains, work relationships, supervisor support, general working conditions, and opportunities experienced due to being stationed at clients' firms. Overall, the study context is novel and the findings make contributions to the advancement of project management literature and practice. |
| Keywords: | Work motivation, Project management, Employee engagement, Temporary assignments, Project delivery, Client facilities, On-site employees, Project-based work, Career satisfaction, Boundary-spanning roles |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05482829 |
| By: | Picchio, Matteo; Santolini, Raffaella |
| Abstract: | We study the role of mayoral gender in attracting public funding in Italian municipalities. We exploit a novel administrative dataset containing detailed information on all projects aimed at the digitalisation of local public administrations and funded under Italy's National Recovery and Resilience Plan between 2022 and 2024. Exogenous variation in the timing of municipal elections and switches from male to female mayors provides quasi-experimental identification within a staggered difference-in-differences framework. We find that female mayors attract significantly larger amounts of national public funding for the digitalisation of municipal administrative services. This effect is particularly strong when female leadership is combined with high levels of human, or supported by a high quality local bureaucrats, and a policy environment characterised by substantial funding opportunities. By contrast, the share of women in municipal councils and executives does not play a significant role. We also find that our main results are driven by small and territorially fragile municipalities. |
| Keywords: | public funding, female political leadership, local governments, difference-in-differences, event-study, causal inference |
| JEL: | D72 H72 H76 J16 R58 |
| Date: | 2026 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:glodps:1712 |
| By: | Christian Gollier (TSE-R - Toulouse School of Economics - UT Capitole - Université Toulouse Capitole - Comue de Toulouse - Communauté d'universités et établissements de Toulouse - EHESS - École des hautes études en sciences sociales - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement) |
| Abstract: | Because of risk aversion, any sensible investment valuation system should value less projects that contribute more to the aggregate risk. In theory, this is done by adjusting discount rates to consumption betas. But in reality, most public institutions use a dis-count rate that is rather insensitive to the risk profile of their investment projects. The economic consequences of the implied misallocation of capital are severe. I calibrate a Lucas model in which the investment opportunity set contains a constellation of projects with different expected returns and risk profiles. The model matches the traditional finan-cial and macro moments, together with the observed heterogeneity of assets' risk profiles. The welfare loss of using a single discount rate is equivalent to a permanent reduction in consumption that lies somewhere between 15% and 45% depending upon which single discount rate is used. |
| Keywords: | capital budgeting, rare disasters, WACC fallacy, Arrow-Lind theorem, carbon pricing, asset pricing, investment theory, Discounting |
| Date: | 2026–02 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05483623 |
| By: | Wedemeyer, Laura; Kaplan, Lennart; Kluve, Jochen; Reiners, Lennart |
| Abstract: | This study analyzes the empirical link between German bilateral development finance and Foreign Direct Investment (FDI) at the sub-national (ADM2) level. We construct a unique dataset by merging geo-referenced development aid projects - implemented by KfW Development Bank - over more than two decades with FDI project data. The analysis investigates four research hypotheses, and finds that: (i) development finance activity is positively and significantly associated with FDI inflows; (ii) the positive link is similarly pronounced in both hard and soft sectors; as well as (iii) irrespective of recipient countries' income level; and (iv) the positive aid-FDI association appears to be driven by projects with stronger implementation, as measured by higher ex-post evaluation ratings. For these higher-rated projects, KfW aid is significantly more likely to be associated with FDI from Germany and the EU. Our findings suggest that FDI may be an important channel through which development aid simultaneously benefits both recipient - by providing capital and technology - and donor countries, by signaling investment opportunities for its enterprises. |
| Keywords: | Development aid, development finance, FDI |
| JEL: | F23 F35 O12 O18 |
| Date: | 2026 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:cegedp:336810 |
| By: | H. Wimalasuriya (University of Moratuwa); V. Wickramasinghe (University of Moratuwa) |
| Abstract: | Training is an important determinant in improving project performance and employee career success in the rapidly changing Technology-Driven Services (TDS) sector. This research investigated the impact of various training approaches on project performance and employees' career success, and the moderating role of organization support. The Study followed a quantitative methodology and used a survey questionnaire to collect data from professionals attached to TDS sector. The data were analyzed using SPSS software. The moderation analysis indicated that organizational support notably improves the relationship between training and both project performance and employees' career success. This research contributes to the existing literature by offering empirical evidence and practical insights that can guide organizations in developing more effective training strategies to improve project efficiency and workforce capability. It concludes by recommending targeted training interventions supported by strong mentorship frameworks to ensure sustainable organizational success in a technology-driven landscape. |
| Keywords: | Training Approaches, Technology-Driven Services, Professional training, Workforce competence, talent management, Human capital development, Project Performance, Organization Support, Career Success |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05482874 |