Traditionally, a successful project was seen as one in which the triad of time, budget and specifications was complied with at a profit. Current project literature places great emphasis on customer satisfaction as a fourth important success parameter. This paper discusses project management...

The pressure on businesses to incorporate the principles of sustainable development into policies and activities is mounting. Project management methodologies are not excluded from this pressure. The current project management frameworks do not effectively address the three goals of sustainable...

The paper deals with elements concerning the application of the new “real options” approach system in project management of small and medium sized companies. The real option approach has the advantage of a great flexibility when a high degree of uncertainty is present. Also, it suggests to...

Project management is a technique that can aid in the planning, scheduling, and monitoring of complex projects characterized by numerous, non repetitive jobs called activities. Examples of projects that would use project management include: - developing a mass rapid – transit system for a...

Project scheduling, risk analysis and project tracking are key parameters to a project's success or failure. Research on the relative sensitivity of project activities during the project scheduling phase as well as research on project performance measurement during project progress have been...

Development is about people’s lives and their opportunities to use and enlarge their desirable human potentials. This article aims to switch the focus in design, implementation and evaluation of projects, from only an abstracted conception of ‘the project’ and the goods which...

The paper presents a project management competencies model, using an ontological approach. The ontology, named PMCatalog, was developed in the framework of the project CONTO, financed by Romanian through the grant 91-037/2007. PMCatalog is consistent with the competence definition and PM...

Traditional project management practices have evolved over time as the requirements for managing and controlling construction projects unfolded. However, with the advances of management techniques and ICT, traditional practices have proven to be insufficient in meeting the new project...

In construction projects, contingency is the budget which is made available to cope with uncertainties that would incur schedule and cost overruns. Contingency estimation requires considering project cost, schedule and technology variability. The effect of dynamic project management of the...

Within construction, roles are generally thought of in terms of a division of labour, tasks and responsibilities, established through contractual and/or cultural relations. Moreover, roles are also presumed to be relatively stable. Drawing upon actor network theory, roles are re-conceptualized...