nep-ppm New Economics Papers
on Project, Program and Portfolio Management
Issue of 2026–10–12
six papers chosen by
Arvi Kuura, Tartu Ülikool


  1. Integrating sustainability in project management: a systematic review and meta-analysis of success factors and organisational outcomes By Enang, Imowo; Omeihe, Kingsley Obi
  2. Navigating uncertainty and complexity in public administrations By Marcut Mirela; Rodriguez Müller Paula; Reimeris Ramojus
  3. Optimal Project Management By Alessandro Bonatti; Doruk Cetemen; Juuso Toikka
  4. Local Agency on the Edge: Regional Development, Human Wellbeing and Social Resilience By Grillitsch, Markus; Cobos-Cabral, Francisco; Horvat, Andrej
  5. Where Is Housing Slow to Build: And Is It Getting Slower? By Leonardo D’Amico; Evan Soltas; Audrey Wang
  6. From pipeline to policy: designing India's Article 6 approval framework for climate finance and domestic decarbonisation By Narayanasamy Damodaran, Sanjena

  1. By: Enang, Imowo; Omeihe, Kingsley Obi
    Abstract: This study employs systematic and meta-analysis methodologies to examine how sustainability factors are integrated within project management frameworks and to evaluate their impact on project success outcomes across diverse organisational contexts. Following rigorous PRISMA guidelines, an extensive literature search yielded 25 studies investigating environmental and social sustainability integration in project processes and their relationship to performance indicators across multiple sectors. Complementary meta-analysis of 22 papers containing statistical datasets on sustainability adoption levels and associated success measures provided quantitative validation of key relationships. The research concludes that while sustainability integration approaches have made significant progress in addressing explicit organisational gaps, enhanced participatory oversight mechanisms, a fundamental shift to participative feedback loops, and holistic integration of technical, social, and contextual dimensions remain crucial for maximizing impacts. The implications emphasise the importance of interdisciplinary collaboration, adaptive learning systems, and inclusive decision-making processes that prioritize stakeholder engagement throughout project lifecycles. Future research should focus on developing comprehensive evaluation frameworks, exploring emerging sustainability concepts, and establishing governance models that foster transparency and shared decision making power.
    Keywords: sustainability; project outcomes
    Date: 2025–04–01
    URL: https://d.repec.org/n?u=RePEc:gpe:wpaper:54466
  2. By: Marcut Mirela (European Commission - JRC); Rodriguez Müller Paula (European Commission - JRC); Reimeris Ramojus (European Commission - JRC)
    Abstract: Experimental governance helps administrations manage uncertainty and complexity by mobilising actors, experimenting in safe spaces, coordinating across boundaries, balancing competing interests, and institutionalising lessons learned. Strong governance and innovation performance are closely linked. Regions with higher quality of government attract more innovation funding and produce better outcomes, underscoring the role that public sector capacity plays in innovation ecosystems. Case studies show experimental governance in practice, revealing how different policy contexts shape which functions are prioritised and how they interact. Recommendations include developing tools to empower public administrations to engage in experimental governance: support for experimental clauses, developing sharing repositories, developing internal staff capacity to engage in innovation
    Date: 2026–09
    URL: https://d.repec.org/n?u=RePEc:ipt:iptwpa:jrc147951
  3. By: Alessandro Bonatti; Doruk Cetemen; Juuso Toikka
    Abstract: We study optimal dynamic contracts for long-term projects where a risk-averse agent exerts hidden effort to increase the drift of a Brownian process toward a com- pletion threshold. Relative to the first best, the optimal contract slows progress, makes success less likely, induces earlier termination, and narrows project scope. Allowing for costly project resets generates further distortions: resets may be excessive or insufficient depending on the residual effort required afterwards. With endogenous risk taking, optimal incentives introduce penalties for failure and reduce rewards for effort above a critical progress level, resulting in discontinuous and nonmonotonic effort in progress. In the baseline model, the optimal contract can be implemented with linear spot contracts that require no long-term commitment.
    Date: 2026–09
    URL: https://d.repec.org/n?u=RePEc:arx:papers:2609.35238
  4. By: Grillitsch, Markus (CIRCLE, Lund University); Cobos-Cabral, Francisco (CIRCLE, Lund University); Horvat, Andrej (U-LEAD with Europe - Ukraine Local Empowerment, Accountability and Development Programme at GIZ)
    Abstract: Local agency on the edge relates to situations that are particularly harsh and difficult, places where regional development is most needed but also most difficult to achieve. We study the role and relevance of local agency in such situations, as well as enabling and hindering conditions for local agency to emerge. We do this in two peripheral municipalities in Ukraine that were attacked and temporarily occupied by Russian forces but have shown a high degree of resilience. Theoretically, we propose a broad conception of development, which includes human wellbeing and social resilience. Such a broad conception also necessitates a more comprehensive understanding of local agency underpinning development, including social and technological innovation, institutional entrepreneurship and place-based leadership. The cases provide evidence for the potential development impact of bottom-up initiatives, which may unfold if local actors are sufficiently empowered. In the context of the study, a governance reform played an important role comprising decentralisation and municipal amalgamation in the wider context of a mindset change in favour of approximation towards the European Union. Local actors changed institutions, leading to better governance and participation from the citizens. Empowerment of local actors allowed for the successful implementation of multiple projects impacting citizens' wellbeing, improving health and education institutions, as well as cultural, sports and recreation facilities. These changes opened opportunities for increased entrepreneurial activity, contributing towards employment and tax revenue. Moreover, resilience to the Russian invasion rested on improved governance, relationships, citizen engagement, and capacities for project management developed before the war.
    Keywords: local agency; regional development; human wellbeing; social resilience
    JEL: I31 O18 R11
    Date: 2026–09–25
    URL: https://d.repec.org/n?u=RePEc:hhs:lucirc:2025_005
  5. By: Leonardo D’Amico (University of Chicago Booth School of Business); Evan Soltas (Princeton University); Audrey Wang (Princeton University)
    Abstract: We estimate the time durations of permitting and development for standardized new housing projects across 60 U.S. cities from 2000 to 2025. We report three new facts. First, the fastest cities complete projects in the time the slowest cities take to merely approve them. Second, across cities, permitting duration is positively associated with housing prices and negatively associated with production. The strength of these relationships rivals that of other measures of land-use regulation and suggests a high cost of delay. Third, permitting duration has risen steadily over time, whereas total project duration has fluctuated cyclically.
    Keywords: USA; United States of America, building permit, housing development, time-to-build
    JEL: H73 R31 R38
    Date: 2026–09
    URL: https://d.repec.org/n?u=RePEc:pri:cepsud:357
  6. By: Narayanasamy Damodaran, Sanjena
    Abstract: Article 6 of the Paris Agreement offers India an opportunity to receive payments from other countries for mitigation outcomes at home, and to channel that revenue towards the vast investment that the low-carbon transition requires. Yet while the country can use international carbon markets to help finance its own decarbonisation, it will need to establish the right framework for approving sales of its Article 6 projects. Without this, there is a risk that India will undermine efforts to hit its near-term climate targets and achieve its 2070 net zero goal. This report explores how the country can establish such a framework. The author argues that India should decide whether to authorise sales of carbon credits under Article 6 based on calibrated questions about what to sell, when to sell it and at what price.
    JEL: N0
    Date: 2026–09–29
    URL: https://d.repec.org/n?u=RePEc:ehl:lserod:141188

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