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Sustainable Project Management: Principles, Models, Standards
Lishchynska V. V.

Lishchynska, Victoria V. (2024) “Sustainable Project Management: Principles, Models, Standards.” Business Inform 12:349–357.
https://doi.org/10.32983/2222-4459-2024-12-349-357

Section: Management and Marketing

Article is written in Ukrainian
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UDC 65.012.32

Abstract:
The article describes sustainable project management as a new paradigm in project management. The presentation of the problematic issues is focused on the study of the integration of the conception of sustainable development into project management in order to model their sustainability. The aim of the study is to systematize the basic principles, models and standards in the field of sustainable project management. As a result of the study, the concept of sustainability is generalized for projects that are aimed at sustainable development by reducing the negative environmental, social impact, restoring/reducing the amount of resource consumption, providing economic benefits in the long run. The characteristics of sustainable projects in a broad context are highlighted according to the criteria of social significance, cultural acceptability, economic stability, technical practicability, political feasibility, operational viability, environmental sustainability. The characteristics of sustainable projects in a narrow context are also highlighted according to the criteria of realism, adaptability, scalability, steerability, and controllability. A comparative analysis of traditional and sustainable approaches to project management has been carried out in terms of goals, management methodology and standards, the essence and life cycle of the project. The main theoretical contribution of the article is to generalize approaches and models that provide a fundamental understanding of the conception of sustainable project management for its further theoretical modeling and practical application. Prospects for further research in this direction are the development of practical recommendations for the implementation of principles, models, instruments and standards of sustainable project management in the practice of Ukrainian companies in the context of European integration and post-war reconstruction.

Keywords: sustainable development, sustainable project, sustainable project management, principles of sustainable project management, sustainable project management standards.

Fig.: 1. Tabl.: 3. Bibl.: 18.

Lishchynska Victoria V. – Candidate of Sciences (Economics), Associate Professor, Department of Management, Kyiv National Economic University named after Vadym Hetman (54/1 Beresteiskyi Ave., Kyiv, 03057, Ukraine)
Email: [email protected]

List of references in article

“Insights into Sustainable Project Management 2024“. GPM. https://greenprojectmanagement.org/insights-into-sustainable-project-management
Loomba, A. P. S. “We can be heroes: sustainability-driven projects“. PMI® Global Congress 2012 - North America, Vancouver, British Columbia, Canada. Newtown Square, PA: Project Management Institute. 2012. https://www.pmi.org/learning/library/sustainability-driven-projects-6105
Morfaw, J. “Fundamentals of project sustainability“. PMI® Global Congress 2014 - North America, Phoenix, AZ. Newtown Square, PA: Project Management Institute. https://www.pmi.org/learning/library/fundamentals-project-sustainability-9369
Weninger, C. “Project Initiation and Sustainability Principles: What Global Project Management Standards Can Learn from Development Projects when Analyzing Investment“. PMI® Research and Education Conference, Limerick, Munster, Ireland. Newtown Square, PA: Project Management Institute. 2012. https://www.pmi.org/learning/library/project-initiation-sustainability-principles-10702
Keeys, L. A. “Strategy formation for project sustainable development: tales of alignment and emergence : tales of alignment and emergence“. Project Management Institute Research and Education Conference, Phoenix, AZ. Newtown Square, PA: Project Management Institute. 2014. https://www.pmi.org/learning/library/strategy-formation-project-sustainable-development-8929
Martens, M. L., and Carvalho, M. M. “A conceptual framework of sustainability in project management“. Project Management Institute Research and Education Conference, Phoenix, AZ. Newtown Square, PA: Project Management Institute. 2014. https://www.pmi.org/learning/library/framework-sustainability-project-management-1929
Martens, M. L., and Carvalho, M. M. “Sustainability and Success Variables in the Project Management Context: An Expert Panel“. Project Management Journal, vol. 47, no. 6 (2016): 24-43. DOI: https://doi.org/10.1177/8756972816047006
Michaelides, R., Bryde, D., and Ohaeri, U. “Sustainability from a project management perspective: are oil and gas supply chains ready to embed sustainability in their projects?“ Project Management Institute Research and Education Conference, Phoenix, AZ. Newtown Square, PA: Project Management Institute. 2014. https://www.pmi.org/learning/library/sustainability-project-management-perspective-8954
Maltzman, R., and Shirley, D. “Project management: turning ideas into sustainable reality“. PMI® Global Congress 2013 - North America, New Orleans, LA. Newtown Square, PA: Project Management Institute. 2013. https://www.pmi.org/learning/library/project-management-turning-ideas-sustainable-reality-5847
Okland, A. “Gap Analysis for Incorporating Sustainability in Project Management“. Procedia Computer Science, vol. 64 (2015): 103-109. DOI: https://doi.org/10.1016/j.procs.2015.08.469
Lishchynska, V. V. “Partnerstvo dlia staloho rozvytku biznesu“ [Partnership for Sustainable Business Development]. In Stratehichne partnerstvo v biznesi: teoriia, metodolohiia, praktyka, 7-33. Kyiv: KNEU, 2023.
Lishchynska, V. V. “Praktyka partnerstva dlia staloho rozvytku biznesu“ [Partnership Practice for Sustainable Business Development]. In Stratehichni imperatyvy suchasnoho menedzhmentu, 307-310. Kyiv: KNEU, 2024.
Lishchynska, V. V., and Sosnin, V. V. “Proiekty staloho rozvytku v tekstylnii promyslovosti Ukrainy“ [Sustainable Development Projects in the Textile Industry of Ukraine]. Stratehiia ekonomichnoho rozvytku Ukrainy, vol. 55 (2024): 71-82. DOI: https://doi.org/10.33111/sedu.2024.55.071.082
Carboni, J., Gonzalez, M., and Hodgkinson, J. “The GPM® Guide to Sustainability in Project Management. Version 1“. GPM Global, 2013. https://www.ucipfg.com/Repositorio/GSPM/Cursos/CSR_GSPM_07/w1/CSR-W1-02.pdf
“The Global Standard for Sustainability Project Management. Version 3.0“. GPM Global. https://greenprojectmanagement.org/gpm-standards/the-p5-standard-for-sustainability-in-project-management
Gareis, R., Huemann, M., and Martinuzzi, A. “Project Management and Sustainable Development Principles“. Newtown Square: Project Management Institute, Inc., 2013. https://www.pmi.org/-/media/pmi/documents/public/pdf/research/research-summaries/gareis_-pm-and-sustainable-development.pdf
“PRiSM. Projects integrating Sustainable Methods“. https://surl.li/qyhlrr
“The GPM® Sustainability Competence Standard“. GPM Global. Version 2.0. https://greenprojectmanagement.org/images/PDF/Competence/The%20GPM%20Sustainability%20Competence%20Standard%202.0.pdf

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