Project management models as value creators | Zendy

Eskerod Pernille | Zendy; Riis Eva | Zendy

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Project management models as value creators

Author(s) -

Eskerod Pernille,

Riis Eva

Publication year - 2009

Publication title -

project management journal

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 1.454

H-Index - 43

eISSN - 1938-9507

pISSN - 8756-9728

DOI - 10.1002/pmj.20098

Subject(s) - stakeholder , value (mathematics) , legitimacy , project management , order (exchange) , management science , process management , business , knowledge management , computer science , engineering , management , political science , systems engineering , economics , finance , machine learning , politics , law

Based on findings from five case studies, we discuss benefits obtained by using a common project management model. The case studies are part of an international research project aimed at determining the value of project management. All five companies applied a customized project management model. The five models are presented, and their characteristics, similarities, and differences are discussed. Based on interviews and comparisons with literature, the values obtained are identified. The values relate to efficiency, legitimacy, power and control, and stakeholder satisfaction. Further, the article points to necessary preconditions (both technical and human factors) in order to harvest the values.

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