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Journal Cover   International Journal of Project Management
  [SJR: 1.092]   [H-I: 67]   [36 followers]  Follow
   Hybrid Journal Hybrid journal (It can contain Open Access articles)
   ISSN (Print) 0263-7863
   Published by Elsevier Homepage  [2812 journals]
  • Benefits Realisation Management and its influence on project success and
           on the execution of business strategies
    • Abstract: Publication date: January 2015
      Source:International Journal of Project Management, Volume 33, Issue 1
      Author(s): Carlos Eduardo Martins Serra , Martin Kunc
      Business strategies, which imply organisational change, usually require the development of projects, e.g. IT projects. However, organisations fail in implementing their strategies even though they employ project, programme and portfolio management techniques. Benefits Realisation Management (BRM) is a set of processes structured to close the gap between strategy planning and execution by ensuring the implementation of the most valuable initiatives. However, there is no empirical evidence of its effectiveness. This paper presents the results of a survey to practitioners in Brazil, United Kingdom and United States evaluating the impact of BRM practices on project success rate. Our results show BRM practices being positive predictors to project success on the creation of strategic value for the business. Therefore, these results suggest that BRM practices can be effective to support the successful execution of business strategies.

      PubDate: 2015-05-13T19:26:25Z
  • Managing change in the delivery of complex projects: Configuration
           management, asset information and ‘big data’
    • Abstract: Publication date: Available online 20 March 2015
      Source:International Journal of Project Management
      Author(s): Jennifer Whyte , Angelos Stasis , Carmel Lindkvist
      As we enter an era of ‘big data’, asset information is becoming a deliverable of complex projects. Prior research suggests digital technologies enable rapid, flexible forms of project organizing. This research analyses practices of managing change in Airbus, CERN and Crossrail, through desk-based review, interviews, visits and a cross-case workshop. These organizations deliver complex projects, rely on digital technologies to manage large data-sets; and use configuration management, a systems engineering approach with mid-20th century origins, to establish and maintain integrity. In them, configuration management has become more, rather than less, important. Asset information is structured, with change managed through digital systems, using relatively hierarchical, asynchronous and sequential processes. The paper contributes by uncovering limits to flexibility in complex projects where integrity is important. Challenges of managing change are discussed, considering the evolving nature of configuration management; potential use of analytics on complex projects; and implications for research and practice.

      PubDate: 2015-05-13T19:26:25Z
  • Risk-bearing capacity as a new dimension to the analysis of project
    • Abstract: Publication date: Available online 27 February 2015
      Source:International Journal of Project Management
      Author(s): Chen-Yu Chang
      Project governance has been recognized as a critical factor to the success of project delivery in practice. Accordingly, this research aims to demonstrate that the notion of risk-bearing capacity (RBC) can be drawn upon as a new dimension to the analysis and design of project governance. An effort is made to link this concept with the definitions of governance employed within the literature of transaction cost economics and corporate governance. The RBC approach distinguishes itself from extant views of project governance through its ability to quantitatively integrate organizational (e.g., delivery system), contractual (e.g., risk-sharing ratio) and financial (e.g., insurance cover) measures. This novel approach provides an avenue for incorporating the project's historical construction and operating data into the design of project governance; an advantage with the potential to exponentially increase as a torrent of digital data is made available through the deployment of emergent information technologies (e.g. building information modelling).

      PubDate: 2015-05-13T19:26:25Z
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