Beyond Total Cost of Management (TCM) to Systemic Value Management (SVM): Transformational Trends and a Research Manifesto for an Evolving Discipline
| Autor: | Alessandro Margherita, Emanuele Banchi, Alfredo Biffi, Gianluca di Castri, Rocco Morelli |
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| Přispěvatelé: | Margherita, Alessandro, Banchi, Emanuele, Biffi, Alfredo, di Castri, Gianluca, Morelli, Rocco |
| Jazyk: | angličtina |
| Rok vydání: | 2022 |
| Předmět: |
value management
project management Renewable Energy Sustainability and the Environment cost engineering lifecycle management research agenda sustainability total cost management (TCM) trends systemic value management (SVM) Geography Planning and Development total cost management discipline evolution cost engineering Building and Construction Management Monitoring Policy and Law |
| Popis: | Total cost management (TCM) has developed as a systematic approach to managing resources, costs, profitability, and risks throughout the lifecycle of any enterprise, program, facility, project, product or service. However, a number of trends are today creating a new socio-technical scenario, characterized by increasing volatility, uncertainty, complexity, and ambiguity (VUCA), which is affecting the strategic scope and applicative dimensions of TCM. A logic of sustainability and multi-stakeholder value is increasingly required to account for the competing and multi-dimensional needs of customers, employees, partners, and large stakeholder ecosystems. This article presents a review of cross-disciplinary literature and the use of authors’ engagement and consolidated expertise in the field to drive a group model building process aimed to design a conceptual framework and a research manifesto for the evolving TCM discipline. The study provides a classification of nine major trends and evaluates the impact of those trends on a number of TCM dimensions. Next, a research agenda is showed, including nine trajectories for scholars and practitioners engaged to support the evolution of TCM towards a new idea of systemic value management (SVM). The study advances the current knowledge on value-based and sustainable approaches to management and offers to experts and practitioners a basis to implement innovative development projects in the field of TCM. |
| Databáze: | OpenAIRE |
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