Making sense of project value from a value-co-creation perspective: an exploratory conceptual framework

Publisher:
Skica
Publication Type:
Conference Proceeding
Citation:
Book of industry papers, poster papers and abstracts of the CENTERIS 2016 - Conference on Enterprise Information Systems / ProjMAN 2016, 2016, pp. 271 - 286 (15)
Issue Date:
2016-10-06
Full metadata record
Files in This Item:
Filename Description Size
Making sense of project value final_HM 180816.pdfPublished version322.96 kB
Adobe PDF
This paper proposes a conceptual framework to make sense of how project value is created in projects. We study the extant project management value creation literature using a value co-creation lens based on service-dominant (S-D) logic. We explore how project value is proposed, exchanged and then realized following a project life-cycle. This leads to the identification of an exploratory “value co-creation life-cycle” framework. This framework shows value as a whole transcends the limitation of measurable products value normally used to define the project value. In particular, it shows how operant resources (or actors) - typically referred to as stakeholders - within the project management system exchange services and integrate resources in order to co-create value. The exploratory framework, in turn, would enable future investigation of real projects with the view to unpacking the complex dynamic behavior of project value creation.
Please use this identifier to cite or link to this item: