This paper seeks to investigate the main areas of academic research in project management as they relate to the pharmaceutical and biotechnology sector, and specifically how research on project management in this sector has evolved over the period 1990 – 2021. Leveraging a Systematic Literature Review, this paper analyzes academic works to determine areas of insight, future research and key findings through grouping of the results into clusters aligned to the Star Model™ to better understand and to explore the evolution in key research areas, while exploring how and why did the emphasis change from 1990-2021. The implications for academia is that this sector is of particular interest in light of the COVID-19 pandemic where pharmaceutical and biotechnology companies took center stage overcoming traditional limitations to drug development, which included re-thinking traditional project management practices. A valuable contribution of this paper is made by pointing out the key research gaps to position opportunities for the formulation of pragmatic, contextualized ways forward and future research.
{"title":"PROJECT MANAGEMENT IN THE PHARMACEUTICAL AND BIOTECHNOLOGY SECTORS: EVOLUTION & FUTURE RESEARCH OPPORTUNITIES","authors":"K. Mróz, Olivier Lisein","doi":"10.56889/gyug4635","DOIUrl":"https://doi.org/10.56889/gyug4635","url":null,"abstract":"This paper seeks to investigate the main areas of academic research in project management as they relate to the pharmaceutical and biotechnology sector, and specifically how research on project management in this sector has evolved over the period 1990 – 2021. Leveraging a Systematic Literature Review, this paper analyzes academic works to determine areas of insight, future research and key findings through grouping of the results into clusters aligned to the Star Model™ to better understand and to explore the evolution in key research areas, while exploring how and why did the emphasis change from 1990-2021. The implications for academia is that this sector is of particular interest in light of the COVID-19 pandemic where pharmaceutical and biotechnology companies took center stage overcoming traditional limitations to drug development, which included re-thinking traditional project management practices. A valuable contribution of this paper is made by pointing out the key research gaps to position opportunities for the formulation of pragmatic, contextualized ways forward and future research.","PeriodicalId":106417,"journal":{"name":"Value co-creation in the project society","volume":"49 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121817055","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Project studies analyze co-creation or co-destruction of value as different categories of interaction, based on their outcome. In this paper I propose a framework in which value interactions sit on a spectrum, ranging from more creative to more destructive, as collaborative persuasion strategies gradually become adversarial. This analytical framework can be useful for coding data and discussing findings with a more nuanced understanding of co-creation processes that embraces action that cannot be considered purely collaborative. The main contribution of this paper is to distinguish middle ground strategies that mix elements of collaborative and adversarial interactions to co-create value in complex stakeholder environments. The case study selected to illustrate the analytical framework was an electrification project of four offshore platforms in Norway.
{"title":"COLLABORATIVE AND ADVERSARIAL INTERACTIONS ON THE PROJECT: A CONCEPTUALLY INTEGRATED APPROACH TO VALUE CO-CREATION","authors":"Tércio Pinho Filho","doi":"10.56889/mzyw6656","DOIUrl":"https://doi.org/10.56889/mzyw6656","url":null,"abstract":"Project studies analyze co-creation or co-destruction of value as different categories of interaction, based on their outcome. In this paper I propose a framework in which value interactions sit on a spectrum, ranging from more creative to more destructive, as collaborative persuasion strategies gradually become adversarial. This analytical framework can be useful for coding data and discussing findings with a more nuanced understanding of co-creation processes that embraces action that cannot be considered purely collaborative. The main contribution of this paper is to distinguish middle ground strategies that mix elements of collaborative and adversarial interactions to co-create value in complex stakeholder environments. The case study selected to illustrate the analytical framework was an electrification project of four offshore platforms in Norway.","PeriodicalId":106417,"journal":{"name":"Value co-creation in the project society","volume":"85 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123791718","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Ensuring sustainability in companies that carry out portfolio management is possible with the successful implementation of programs/projects. Successful commissioning processes can be achieved through comprehensive planning and controlling. Different methods are followed to monitor the project/program processes based on the metrics determined and report the current situation. Besides, it is recommended to utilize various digital and lean tools to follow the progress of the project. The automatic and accurate transfer of learnings, experiences, and know-how gained in the previous projects to future projects via these tools will lead the company to increase its knowledge and competence in terms of program management. From this perspective, this study aims to create a digital execution application on Dashboard via Sharepoint and spread it throughout the company. Meanwhile, the following metrics tracking platform suggested will enable follow-up of the programs regarding the project budget, calendar, resource, and scope management as well as the detection of possible deviations faster. The suggested platform also offers to shorten the decision-making processes in terms of the data it contains, and on the path of continuous improvement for each project.
{"title":"DETERMINATION OF MANAGEMENT METRICS IN THE EXECUTION OF PROGRAM/PROJECT AND CREATION OF DASHBOARD","authors":"Gülşah Arar Dursun, M. E. Angün","doi":"10.56889/uqml4179","DOIUrl":"https://doi.org/10.56889/uqml4179","url":null,"abstract":"Ensuring sustainability in companies that carry out portfolio management is possible with the successful implementation of programs/projects. Successful commissioning processes can be achieved through comprehensive planning and controlling. Different methods are followed to monitor the project/program processes based on the metrics determined and report the current situation. Besides, it is recommended to utilize various digital and lean tools to follow the progress of the project. The automatic and accurate transfer of learnings, experiences, and know-how gained in the previous projects to future projects via these tools will lead the company to increase its knowledge and competence in terms of program management. From this perspective, this study aims to create a digital execution application on Dashboard via Sharepoint and spread it throughout the company. Meanwhile, the following metrics tracking platform suggested will enable follow-up of the programs regarding the project budget, calendar, resource, and scope management as well as the detection of possible deviations faster. The suggested platform also offers to shorten the decision-making processes in terms of the data it contains, and on the path of continuous improvement for each project.","PeriodicalId":106417,"journal":{"name":"Value co-creation in the project society","volume":"99 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132987397","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Disasters resulting from natural hazards cause physical, social and economic damage. With rise in frequency and severity of such natural hazards each year, post-disaster shelter and settlement reconstruction projects are getting more and more complex. Future project managers who will be managing shelter and settlement reconstruction projects require continuous updating of their skills and knowledge to effectively contribute in disaster resilience. They require project management methodology and education to plan and implement projects that will deliver value to their stakeholders. In 2021, faculty from Technical University of Kaiserslautern in Germany as a Higher Educational Institute (HEI) together with partner institutes quickly integrated disaster related knowledge into its curriculum and offered elective course titled “Reconstruction of Shelter and Settlements after Disasters”. Through active learning strategy like scenario-based learning the course taught Master’s degree students from Civil engineering program about ways to integrate resilience into planning, design, construction process. Students worked through a storyline based on a complex problem of managing projects in post-disaster reconstruction in small groups. This paper describes the process of design of scenario-based learning. Furthermore, through literature review and from empirical evidence obtained from course evaluation survey this paper explores efficiency of scenario-based learning and identifies certain project management skillsets that can be delivered to students who want to work in post-disaster reconstruction projects. The findings show that scenario-based learning can engage students when its contents are well-structured to portray reality and complexity. A practical process for assessing, planning and delivering high value outcomes for post-disaster reconstruction projects immerses students into critical thinking and problem solving.
{"title":"ENHANCING POST-DISASTER RECONSTRUCTION PROJECT MANAGEMENT TRAINING THROUGH SCENARIO-BASED LEARNING","authors":"R. Shrestha, R. Jüpner","doi":"10.56889/aria9212","DOIUrl":"https://doi.org/10.56889/aria9212","url":null,"abstract":"Disasters resulting from natural hazards cause physical, social and economic damage. With rise in frequency and severity of such natural hazards each year, post-disaster shelter and settlement reconstruction projects are getting more and more complex. Future project managers who will be managing shelter and settlement reconstruction projects require continuous updating of their skills and knowledge to effectively contribute in disaster resilience. They require project management methodology and education to plan and implement projects that will deliver value to their stakeholders. In 2021, faculty from Technical University of Kaiserslautern in Germany as a Higher Educational Institute (HEI) together with partner institutes quickly integrated disaster related knowledge into its curriculum and offered elective course titled “Reconstruction of Shelter and Settlements after Disasters”. Through active learning strategy like scenario-based learning the course taught Master’s degree students from Civil engineering program about ways to integrate resilience into planning, design, construction process. Students worked through a storyline based on a complex problem of managing projects in post-disaster reconstruction in small groups. This paper describes the process of design of scenario-based learning. Furthermore, through literature review and from empirical evidence obtained from course evaluation survey this paper explores efficiency of scenario-based learning and identifies certain project management skillsets that can be delivered to students who want to work in post-disaster reconstruction projects. The findings show that scenario-based learning can engage students when its contents are well-structured to portray reality and complexity. A practical process for assessing, planning and delivering high value outcomes for post-disaster reconstruction projects immerses students into critical thinking and problem solving.","PeriodicalId":106417,"journal":{"name":"Value co-creation in the project society","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114205161","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The subject of the research is the possibility of implications of project management tools within the possibility of implementing reforms in public administration in the conditions of the Slovak Republic. For this purpose, the Stop bureaucracy strategy and its two reforms in the field of informatization with the objective - to allow technically and legislatively the replacement of paper confirmations requested by public authorities in accordance with the "once and only principle” in the Slovak Republic - were selected. The results point to the fact that in addition to the need to involve relevant actors to ensure the effectiveness and democratic aspect of policy making in multi-level governance, the duration of the relevant parliamentary term also has a direct impact on the possibilities of implementing reforms and their projects in public administration. The review of two reforms in the recent two parliamentary terms provides an insight into other attributes that, in synergy, affect the possibility of implementing changes in the public administration of the Slovak Republic during one parliamentary term.
{"title":"STOP BUREAUCRACY REFORMS — CASE STUDY IN PUBLIC ADMINISTRATION IN SLOVAKIA","authors":"Silvia Drahošová, A. Čajková","doi":"10.56889/huhs2803","DOIUrl":"https://doi.org/10.56889/huhs2803","url":null,"abstract":"The subject of the research is the possibility of implications of project management tools within the possibility of implementing reforms in public administration in the conditions of the Slovak Republic. For this purpose, the Stop bureaucracy strategy and its two reforms in the field of informatization with the objective - to allow technically and legislatively the replacement of paper confirmations requested by public authorities in accordance with the \"once and only principle” in the Slovak Republic - were selected. The results point to the fact that in addition to the need to involve relevant actors to ensure the effectiveness and democratic aspect of policy making in multi-level governance, the duration of the relevant parliamentary term also has a direct impact on the possibilities of implementing reforms and their projects in public administration. The review of two reforms in the recent two parliamentary terms provides an insight into other attributes that, in synergy, affect the possibility of implementing changes in the public administration of the Slovak Republic during one parliamentary term.","PeriodicalId":106417,"journal":{"name":"Value co-creation in the project society","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114222406","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Megaproject clients seek collaboration with suppliers to improve performance and foster innovative thinking. However, it is difficult to coordinate dozens of main contracts with interdependent activities being performed simultaneously. The aim of this paper is to identify initiatives that clients can take to improve collaborative coordination with the supply chain, beyond more traditional approaches like early engagement and flexible contracts. The findings are based on 24 interviews with managers and engineers involved in Johan Sverdrup 1, an offshore oil and gas megaproject in Norway. Four strategic processes were identified: quality of Front-End Engineering Design; familiarization periods for seamless handover from design to execution; interface management routines and collaborative follow-up.
{"title":"GOVERNING COLLABORATION IN MULTI-FIRM ENVIRONMENTS: A CASE STUDY OF THE JOHAN SVERDRUP 1 MEGAPROJECT","authors":"Tércio Pinho Filho","doi":"10.56889/urcn5690","DOIUrl":"https://doi.org/10.56889/urcn5690","url":null,"abstract":"Megaproject clients seek collaboration with suppliers to improve performance and foster innovative thinking. However, it is difficult to coordinate dozens of main contracts with interdependent activities being performed simultaneously. The aim of this paper is to identify initiatives that clients can take to improve collaborative coordination with the supply chain, beyond more traditional approaches like early engagement and flexible contracts. The findings are based on 24 interviews with managers and engineers involved in Johan Sverdrup 1, an offshore oil and gas megaproject in Norway. Four strategic processes were identified: quality of Front-End Engineering Design; familiarization periods for seamless handover from design to execution; interface management routines and collaborative follow-up.","PeriodicalId":106417,"journal":{"name":"Value co-creation in the project society","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125796222","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The aim of this study was to examine how conflicts influence the construction industry in Norway and create an unhealthy environment that minimizes contractor engagement in future projects. To achieve this, for the first time, we performed a reversed Ishikawa cause and effect analysis using data obtained from interviews conducted with key personnel in the construction industry in Norway. Data gathered from the Norwegian Public Roads Administration, the Norwegian Association of Heavy Equipment Contractors, and court proceedings were included in the analysis. Most interviewees responded that productivity was negatively affected, which had a significant impact on infrastructure construction projects. However, none of the factors that result in conflicts in the construction industry showed statistically significant within- or between- group differences. Significant costs associated with conflicts affected all stakeholders in the construction industry resulting in untoward effects on entrepreneurial operations.
{"title":"CAUSES AND IMPACTS OF DISPUTES IN THE NORWEGIAN CONSTRUCTION INDUSTRY WITH GLOBAL IMPLICATIONS","authors":"Omar Sabri, Olav Torp","doi":"10.56889/uuqy4964","DOIUrl":"https://doi.org/10.56889/uuqy4964","url":null,"abstract":"The aim of this study was to examine how conflicts influence the construction industry in Norway and create an unhealthy environment that minimizes contractor engagement in future projects. To achieve this, for the first time, we performed a reversed Ishikawa cause and effect analysis using data obtained from interviews conducted with key personnel in the construction industry in Norway. Data gathered from the Norwegian Public Roads Administration, the Norwegian Association of Heavy Equipment Contractors, and court proceedings were included in the analysis. Most interviewees responded that productivity was negatively affected, which had a significant impact on infrastructure construction projects. However, none of the factors that result in conflicts in the construction industry showed statistically significant within- or between- group differences. Significant costs associated with conflicts affected all stakeholders in the construction industry resulting in untoward effects on entrepreneurial operations.","PeriodicalId":106417,"journal":{"name":"Value co-creation in the project society","volume":"109 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125535653","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Francesco Di Maddaloni, Roya Derakhshanalavijeh, R. Turner
While projects are becoming increasingly more complex in their organizational, technological, and environmental dimensions; complex systems are deemed by being unjust by nature. Previous research has suggested that heedful interconnection among the actors of the system can enhance organization’s capability in ethical coping with complexity. However, project-based organizations tend to cope with complexity through developing adaptive capacity within the borders of the organization and marginalizing the demands and concerns of some stakeholders. By investigating the controversial project of Rome Metro Line C and drawing on ethics of care and ethics of justice, this article suggests that coping with complexity is attainable by extending the organization’s border to include all stakeholders of the network. The empirical study proposes that by fostering the interrelation of a broader range of stakeholders with the organization through a decentralized decision making will improve the extended organization’s capability in identifying and absorbing complexity.
{"title":"FOSTERING JUSTICE AND CARE IN COMPLEX PROJECT SYSTEMS: AN EMPIRICAL STUDY","authors":"Francesco Di Maddaloni, Roya Derakhshanalavijeh, R. Turner","doi":"10.56889/nsev1595","DOIUrl":"https://doi.org/10.56889/nsev1595","url":null,"abstract":"While projects are becoming increasingly more complex in their organizational, technological, and environmental dimensions; complex systems are deemed by being unjust by nature. Previous research has suggested that heedful interconnection among the actors of the system can enhance organization’s capability in ethical coping with complexity. However, project-based organizations tend to cope with complexity through developing adaptive capacity within the borders of the organization and marginalizing the demands and concerns of some stakeholders. By investigating the controversial project of Rome Metro Line C and drawing on ethics of care and ethics of justice, this article suggests that coping with complexity is attainable by extending the organization’s border to include all stakeholders of the network. The empirical study proposes that by fostering the interrelation of a broader range of stakeholders with the organization through a decentralized decision making will improve the extended organization’s capability in identifying and absorbing complexity.","PeriodicalId":106417,"journal":{"name":"Value co-creation in the project society","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130794401","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study looks at the relationship between PMO culture and PMO success from a control theory perspective. PMO success was operationalized using three concepts: (a) domain of control, (b) domain of influence and (c) domain of concern. The motivation of the study is to understand if and how culture types could influence PMO success and what are the attributes of these cultures. Using Cameron and Quinn’s culture model, a cross-sectional, worldwide online survey yielded 219 responses. Analysis was done through factor analysis and moderated hierarchical regression analysis. The factor analysis showed that both clan and market culture types correlate to PMO success. A case study then determined the antecedents of culture types and how they influenced PMO success. PMOs that were more commercially focused, that is, supporting revenue-generating projects, were more market culture oriented, whereas PMOs that were internally focused were clan culture type. The implications for practitioners are that competence profiles of PMO people will need to be aligned to the culture type of the PMO that is linked to PMO success. The results are important for academics as PMOs have different culture types depending on the customers and the clients they serve.
{"title":"ANALYSING THE IMPACT OF PMO CULTURE ON PMO SUCCESS","authors":"Aiysha Alnuaimi, R. Joslin","doi":"10.56889/azye5590","DOIUrl":"https://doi.org/10.56889/azye5590","url":null,"abstract":"This study looks at the relationship between PMO culture and PMO success from a control theory perspective. PMO success was operationalized using three concepts: (a) domain of control, (b) domain of influence and (c) domain of concern. The motivation of the study is to understand if and how culture types could influence PMO success and what are the attributes of these cultures. Using Cameron and Quinn’s culture model, a cross-sectional, worldwide online survey yielded 219 responses. Analysis was done through factor analysis and moderated hierarchical regression analysis. The factor analysis showed that both clan and market culture types correlate to PMO success. A case study then determined the antecedents of culture types and how they influenced PMO success. PMOs that were more commercially focused, that is, supporting revenue-generating projects, were more market culture oriented, whereas PMOs that were internally focused were clan culture type. The implications for practitioners are that competence profiles of PMO people will need to be aligned to the culture type of the PMO that is linked to PMO success. The results are important for academics as PMOs have different culture types depending on the customers and the clients they serve.","PeriodicalId":106417,"journal":{"name":"Value co-creation in the project society","volume":"59 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134373306","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Danijela Toljaga-Nikolić, Vladimir Obradović, Marija Todorović
business so that it begins to operate on the principles of sustainability, ensure the implementation of a sustainable development strategy, and contribute to creating value for the organization and society. Searching for options to establish long-term stable businesses in an unstable environment, organizations began exploring the benefits of the concept of sustainable development and ways to integrate it at all levels of government in a relatively short period of time. By deciding to integrate the concept of sustainable development into their business strategies, organizations contribute to the co-creation of value because each individual in the business system acts in such a way as to minimize the harmful impact and maximize the positive impact of business activities on society and the environment. The research examined the contribution of sustainable project management to value creation through project results, which establishes a balance between satisfying the expectations of clients and other stakeholders and achieving economic goals while contributing to social well-being and environmental protection.
{"title":"THE ROLE OF SUSTAINABLE PROJECT MANAGEMENT IN VALUE CO-CREATION","authors":"Danijela Toljaga-Nikolić, Vladimir Obradović, Marija Todorović","doi":"10.56889/kxhb7653","DOIUrl":"https://doi.org/10.56889/kxhb7653","url":null,"abstract":"business so that it begins to operate on the principles of sustainability, ensure the implementation of a sustainable development strategy, and contribute to creating value for the organization and society. Searching for options to establish long-term stable businesses in an unstable environment, organizations began exploring the benefits of the concept of sustainable development and ways to integrate it at all levels of government in a relatively short period of time. By deciding to integrate the concept of sustainable development into their business strategies, organizations contribute to the co-creation of value because each individual in the business system acts in such a way as to minimize the harmful impact and maximize the positive impact of business activities on society and the environment. The research examined the contribution of sustainable project management to value creation through project results, which establishes a balance between satisfying the expectations of clients and other stakeholders and achieving economic goals while contributing to social well-being and environmental protection.","PeriodicalId":106417,"journal":{"name":"Value co-creation in the project society","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124936579","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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