Enhancing value capture by managing risks of value slippage in and across projects
| Autor: | Leentje Volker, Hans Wamelink, Marina Bos-de Vos |
|---|---|
| Přispěvatelé: | Construction Management and Engineering |
| Rok vydání: | 2019 |
| Předmět: |
Conceptualization
Portfolio management 05 social sciences 0211 other engineering and technologies Value capture 02 engineering and technology Value slippage 22/4 OA procedure Management of Technology and Innovation 021105 building & construction 0502 economics and business Value (economics) Revenue Slippage Business Business and International Management Project portfolio management Project business 050203 business & management Industrial organization Architectural firms |
| Zdroj: | International Journal of Project Management, 37(5) International journal of project management, 37(5), 767-783. Elsevier |
| ISSN: | 0263-7863 |
| DOI: | 10.1016/j.ijproman.2018.12.007 |
| Popis: | Project-based firms have to capture value from the projects in which they engage. This can be challenging as firms need to reconcile project goals and organizational goals while attempting to avoid the slippage of value to other actors. Drawing on interviews with architects and clients, this research reveals how architectural firms used the strategies of postponing financial revenues in a project, compensating for loss of financial revenues across projects and rejecting a project to accept or mitigate the slippage of financial value, and to avoid the potential slippage of professional value in projects. With these strategies firms attempt to enhance their overall benefits. The study contributes to the literature on project business by showing how a more nuanced conceptualization of value slippage is particularly helpful to theoretically explain and practically managethe value capture of project-based firms through both single project and project portfolio decisions. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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