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Why Do Business Organizations Participate in Projects? Toward a Typology of Project Value Domains
Author(s) -
Vedran Žerjav
Publication year - 2021
Publication title -
project management journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.454
H-Index - 43
eISSN - 8756-9728
pISSN - 1938-9507
DOI - 10.1177/87569728211001663
Subject(s) - typology , value (mathematics) , project management , project sponsorship , work (physics) , scholarship , business , project stakeholder , value capture , knowledge management , project charter , project planning , business model , marketing , management , sociology , engineering , political science , economics , computer science , mechanical engineering , machine learning , anthropology , law
Project scholarship suggests that an increasing volume of activities in organizations, economies, and societies occurs in the form of temporary projects. Drawing on research on project value, we aim to build a contextual understanding of why business organizations choose to participate in projects. Discussing value creation, capture, and destruction patterns for the owner, project-based firm, and the temporary project domains of project organizing, we develop a typology of project value domains for business organizations. We contribute to the theory and debate in project studies, integrating the conversations on the projectification of economies and societies with the stream of work on project value.

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