Stakeholder Management—One of the Clues of Sustainable Project Management—As an Underestimated Factor of Project Success in Small Construction Companies

Abstract

According to contemporary literature, stakeholder management (which is one of the identified clues of sustainable project management) plays a significant role in successfully delivering construction projects. However, the literature focuses on the issues of stakeholder management/analysis mainly for large projects, and the authors could not find any items related to small construction projects. The aim of the article is to present the results of research conducted in small construction companies in the context of stakeholder management of their projects against the background of project success and sustainability. Many researchers have concluded that stakeholder management is one of the success factors of projects (including construction projects). Based on the conducted quantitative research, the needs in the field of stakeholder management of small construction companies’ projects were determined and the approaches used in this area were diagnosed. The research results indicate a low level of maturity of small construction companies in managing project stakeholders, which is a surprising result considering the fact that the literature on the subject emphasizes the importance of taking care of the project stakeholder management area and associating it with the project’s success.

Leveraging Smart Contract in Project Procurement through DLT to Gain Sustainable Competitive Advantages

“…Usually, project success is assessed by three factors, namely, cost, time, and scope. Project procurement method and management have a significant impact on the total project cost and duration [18]. This points out this procurement management determines the overall project success.…”

Modeling for external stakeholder risk assessment of project portfolios

“…The definition "individuals, groups, or organizations who may affect, be affected by, or perceive themselves to be affected by a decision, activity, or outcome of a project" proposed by PMI (2017a) is frequently cited. Simultaneously, the managerial implications of stakeholder management have also been examined in various studies (Bahadorestani et al, 2020;Klaus-Rosinska and Iwko, 2021;Mitchell and Agle, 1997). The findings have indicated that managing stakeholders and the associated risks could help reduce costs and improve management efficiency, thus playing a crucial role in PP success (Martinsuo and Geraldi, 2020).…”

“…Simultaneously, the managerial implications of stakeholder management have also been examined in various studies (Bahadorestani et al. , 2020; Klaus-Rosinska and Iwko, 2021; Mitchell and Agle, 1997). The findings have indicated that managing stakeholders and the associated risks could help reduce costs and improve management efficiency, thus playing a crucial role in PP success (Martinsuo and Geraldi, 2020).…”

Proje Başarı Faktörü Olarak Paydaş Analizinin Ağırlıklandırılması: Savunma Sanayiinde Bir Uygulama (Stakeholder Analysis as a Project Success Factor: An Application in the Defense Industry)

“…Birçok projede kapsam ve farklı paydaşlardan dolayı farklı başarı kriterleri tanımlanmış ve örnekleri çeşitli araştırmacılar tarafından literatüre yansıtılmıştır (Pinto ve Mantel, 1990;Dvir vd., 2003;Fraczkowski vd., 2014;Klaus-Rosińska ve Iwko, 2021). Bu alandaki araştırmalar ilerledikçe, çalışmalar, kriterlerin ve faktörlerin sayısını ve bunların başarı ile nasıl ilişkilendirildiğini ortaya koymaktadırlar.…”

“…Proje yönetiminin en tartışmalı kavramlarından biri olan proje başarısını tanımlamanın oldukça zor olduğu belirtilmektedir. Literatürdeki farklı araştırmacılar (Cleland ve Ireland, 2002;Crawford vd., 2006;Fortune ve White, 2006;Fraczkowski vd., 2014;Klaus-Rosińska ve Iwko, 2021) projenin başarısını ölçmek için çok sayıda ve farklı ölçülebilir kriterler kullanılması gerektiğini söylemişlerdir.…”