Integrating sustainability into innovation project portfolio management – A strategic perspective

Brook, Jacques W.; Pagnanelli, Fabrizio

doi:10.1016/j.jengtecman.2013.11.004

Cited by 98 publications

(92 citation statements)

References 16 publications

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“…The consideration of sustainability is gaining a greater prominence in the field of project portfolio management. There is an increasing understanding of the need to develop methods, tools and techniques to integrate sustainability criteria into the management of projects, as well as a growing need of knowledge and concepts on how to adopt sustainability in project portfolio management [4][5][6][7][8][9][10]. Silvius and Tharp [11] concluded that "the relationship between sustainability and project management is [.…”

Section: Introductionmentioning

confidence: 99%

An Index to Measure Sustainability of a Business Project in the Construction Industry: Lithuanian Case

Dobrovolskienė

Tamošiūnienė

2015

Sustainability

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Abstract:The continuous growth of the world population, resource scarcity and the threat of climate change pose numerous environmental and social problems to the world. Therefore, much hope is put in the concept of sustainability. Companies are increasingly coming under strong global pressure to incorporate sustainability considerations into their project decision-making process. Business projects in the construction industry are among the most important, as this sector is one of the largest sectors and of major importance for the national economy and therefore has a huge impact on the environment and society. Thus, we have to explore ways to integrate sustainability into the management of those projects. This paper presents a composite sustainability index of a project (CSIP) which has been created following a review of existing literature and a pilot research study. A pilot research study was conducted in the Lithuanian construction industry between January 2015 and June 2015. Sustainability criteria were chosen and grouped on the basis of the analysis of the literature and different standards relating to sustainability applicable in the construction industry. A survey was used to select and rank the most important sustainability criteria. The index was constructed using multi-criteria decision-making methods. The results of the pilot study revealed that practitioners in the Lithuanian construction sector attach most importance to 15 sustainability criteria. A composite sustainability index of a project combining all these criteria may be useful in assessing the sustainability of a business project and making decisions regarding project portfolio selection and financial resource allocation. When addressing the issue of financial resource allocation in a project portfolio, the decision-maker could take into account not only the project's return and risk, but also its sustainability. The understanding of this study should enable companies to execute sustainable projects, which could make a contribution to the sustainable development of organizations and thereby increase their competitive advantage.

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Section: Introductionmentioning

confidence: 99%

An Index to Measure Sustainability of a Business Project in the Construction Industry: Lithuanian Case

Dobrovolskienė

Tamošiūnienė

2015

Sustainability

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“…The authors even say that although many projects have already incorporated sustainability-related issues, we still have much to do to better address these issues. Corroborating these ideas, Brook and Pagnanelli (2014) say there is a lack of research on projects and sustainability insights about managing sustainability-oriented changes, especially in projects that contemplate innovation.…”

Section: Project Management and Sustainabilitymentioning

confidence: 99%

Fostering a Sustainable Society by Introducing Project Management Practices

Silva

Rodrigues

Fernandes

et al. 2018

RISUS

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This conceptual article has as main aim described the project management as a factor to improve the sustainability of society. To do so, it is necessary to understand the project attributes and the changes in perspectives when adopting project management as a practice to promote sustainability. The discussion proposed here uses a heuristic method searching for patterns in the academic literature and in organizations to build arguments that can aid in the dissemination of project management practices. It is worthy to notice that it is not our intention here to deal with these issues in depth, but to encourage a discussion so that issues can be raised and solutions can emerge. Then, in addition to the question of sustainability in project management, we also added a discussion about the incorporation or greater stimulus to the use of project management practices in the public segment. There is a risk of being superficial in the discussion presents here, but the reason to integrated several contents is because it is not possible to describe a more sustainable society without addressing all segments. Key words: Project management; Sustainability; Project; Sustainable society Resumo: Este artigo é mais e tem como objetivo principal descrever a gestão de projetos como um fator para promover a sustentabilidade na sociedade. Para isso, é necessário entender os atributos do projeto e as mudanças nas perspectivas ao adotar o gerenciamento de projetos como uma prática para promover a sustentabilidade. A discussão aqui proposta utiliza um método heurístico que busca padrões na literatura acadêmica e nas organizações para construir argumentos que possam auxiliar na disseminação de práticas de gerenciamento de projetos. Vale a pena notar que não é nossa intenção aqui lidar com essas questões em profundidade, mas sim encorajar uma discussão para que as questões possam ser levantadas e as soluções possam emergir. Em seguida, além da questão da sustentabilidade na gestão de projetos, também foi adicionada uma discussão sobre a incorporação ou maior estímulo ao uso de práticas de gerenciamento de projetos no segmento público. A razão para integrar vários conteúdos é porque não é possível descrever uma sociedade mais sustentável sem abordar todos os segmentos. Palavras-chave: Gestão de projetos; Sustentabilidade; Sociedade Sustentável

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“…Given the integration of product portfolio and environmental sustainability, the work of Brook & Pagnanelli (2014) suggests that environmental decision-making in portfolio management should consider aspects such as: (i) strategic alignment: projects must be aligned with the company's sustainability agenda; (ii) brand: projects should strengthen the firm's position on sustainability; (iii) CO 2 emissions/biomaterials: projects should contribute to zero emission levels, and be based on biomaterials; (iv) strengthening technology capabilities: improving the company's technological capabilities in relation to sustainability. Dobrovolskienė & Tamošiūnienė (2016) also emphasize that it is relevant to adopt specific sustainability criteria for choosing and allocating resources within the project portfolio.…”

Section: Environmental Sustainability and Project Portfolio Managementmentioning

confidence: 99%

“…In addition, the selection of projects with environmental bias is still closely related to radical innovation, with the development of disruptive solutions, such as hybrid cars and the use of solutions based on solar energy (Brook & Pagnanelli, 2014).…”

Section: Introductionmentioning

confidence: 99%

Integrando sustentabilidade ambiental e gestão de portfólio de projetos: estudo de caso em uma empresa de energia

Jugend

Figueiredo

2017

Gest. Prod.

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Although international and relevant research on environmental sustainability and project portfolio management is quite developed, there are few studies integrating the two areas. We could only identify research on each of the areas and very few interfaces between them, either in empirical or theoretical terms. In constructing a case study, our choice was to study of the existing European largest firms of energy production and supply, and one that is globally recognized in the area of renewable energy. This article aims to analyze and enable understanding of the policies and practices for integrating environmental sustainability and project portfolio management. Among the main results we observed that the environmental and social aspects of portfolio projects are inseparable for this organization. Good communication and active negotiation with stakeholders, especially with the local communities in the vicinity of projects, was highlighted as a management practice that may be used to improve project management performance. Furthermore, it was noted that logic in relation to identification, analysis and approval of new projects in the firm is also guided by the same environmental and social concerns.

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Integrating sustainability into innovation project portfolio management – A strategic perspective

Cited by 98 publications

References 16 publications

An Index to Measure Sustainability of a Business Project in the Construction Industry: Lithuanian Case

An Index to Measure Sustainability of a Business Project in the Construction Industry: Lithuanian Case

Fostering a Sustainable Society by Introducing Project Management Practices

Integrando sustentabilidade ambiental e gestão de portfólio de projetos: estudo de caso em uma empresa de energia

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