Developing a project sustainability index for sustainable development in transnational public–private partnership projects

Sustainability is conceptualized as a process of balancing growth, equity, and preservation, a definition that is drawn from the 1987 Brundtland Commission report, Our Common Future. While making sustainability a universal objective, this definition conceptualizes sustainability as a one-size fits all technocratic solution, which removes the concept from the context of specific societies that must engage with sustainable development. Social scientific data about the nature of values, where they come from, with whom they resonate, and what goals for conservation and development they establish are equally necessary for the understanding and framing of sustainability. Policies are more effective if they are embedded in the value systems they engage. Drawing on a case study of Iceland this study examines the nature of values in shaping sustainable outcomes. We argue that regulative, normative, cultural, and cognitive institutional structures are in constant interaction with value systems and sustainability conceptions. We find that institutional structures and prosustainability values are mutually reinforcing: institutional structures and place amplify value orientation. In turn, values influence the orientation of status-quo institutional structures. Working with interview data and using a grounded theory approach, we build a model for understanding how sustainability is conceptualized in Iceland working from values through agents and industrial bases to generate strategies of development. Icelanders operationalize concepts of sustainability through innovations that improve the efficiency and preservation of natural resources. Our findings add additional layers to conventional pathways of valuation and demonstrate the importance of place and context in situating values of development.

Section: Sustainable Development: From Behavioral Change To Value Fmentioning

confidence: 81%

The role of values in shaping sustainable development perspectives and outcomes: A case study of Iceland

Knox‐Hayes

Shekhar

Chun

2020

“…The majority of existing sustainability‐oriented PPP studies have been based on an individual country or a comparison of a limited number of countries, whereas, the impact of globalisation on PPP and the wider scope of the global PPP market have yet to be fully explored. As there is an increasing number of transnational public‐private partnerships (TPPPs), which face greater challenges due to cross‐country economic, cultural and social conflicts (Chen, Yu, Osei‐Kyei, Chan, & Xu, 2019). It seems reasonable to predict that research regarding the operation of a global PPP market may become another common research direction.…”

Section: Discussionmentioning

confidence: 99%

Public–private partnership as a tool for sustainable development – What literatures say?

Wang

2020

Public–private partnership (PPP) has been proposed by the United Nations as a tool for Sustainable Development Goals. The perceptions and tendencies of literatures on this concept have, however, not yet been fully investigated. This research fills the perceived gap, by reviewing sustainability‐oriented PPP studies, to better understand the relationship between PPP and sustainable development. A bottom‐up approach is adopted, with the help of a purposely designed database. The concept and development stages of sustainability‐oriented PPP are examined. The research status of sustainability‐oriented PPP is analysed. The increasing popularity of sustainability‐oriented PPP studies is, to a degree, associated with policies of the key global players in PPP. Research gaps and future research trends are suggested. This research contributes to the body of knowledge of sustainability‐oriented PPP and can help researchers and practitioners in better understanding the status, gaps and direction of future efforts regarding sustainability‐oriented PPP.

“…Project success (PS) is a subjective, ambiguous, multidimensional, and subtle concept (Belassi & Tukel, 1996;Ika, 2009). Increasingly, sustainability-integration of social, environmental, and economic issues-is viewed as one of the critical factors for project acceptance and success (Chen et al, 2019;Shah et al, 2020;Toljaga-Nikoli c et al, 2020). Rising competitive pressures, rapid technological advancements, and stringent government regulations on social and environmental standards are increasingly propelling firms to embrace sustainable business practices (Caffaro et al, 2019;Toljaga-Nikoli c et al, 2020).…”

Section: Introductionmentioning

confidence: 99%

Revisiting the relationship between sustainable project management and project success: The moderating role of stakeholder engagement and team building

Shaukat

Latif

Sajjad

et al. 2021

This paper examines the relationship between sustainable project management (SPM) and project success with the moderating effect of stakeholder engagement and team building on this relationship. A structured survey questionnaire technique was applied for data collection and 323 responses were received from project management professionals in Pakistan. The results revealed that SPM has a positive impact on project success. However, the effects of stakeholder engagement and team building were found insignificant. Accordingly, this paper contributes to SPM literature by demonstrating the relationship between SPM and project success in a developing world context. From a practical viewpoint, firms need to consider SPM from a holistic perspective by embracing and incorporating key sustainability aspects into various project life-cycle stages. To this end, project managers not only need to promote stakeholder engagement and team-building strategies, but also scrutinize all important project decisions from a sustainability lens to further enhance SPM outcomes and create a meaningful value proposition for each stakeholder group, which are increasingly recognized as critical issues for project success.