TITLE:
Sustainable Project Management: Trends and Alignment
AUTHORS:
Mounir El Khatib, Khalil Alabdooli, Alsghairah AlKaabi, Salama Al Harmoodi
KEYWORDS:
Sustainability, Project Management, Alignment, Trends
JOURNAL NAME:
Theoretical Economics Letters,
Vol.10 No.6,
December
15,
2020
ABSTRACT: Organizations in the contemporary competitive
business environment encounter significant challenges in the course of managing
various projects. Effective project management plays a significant role in
fostering the competitive advantage of an organization, so the adoption of an
effective and sustainable management strategy is fundamental in countering
challenges. Although organizations today are accustomed to countering various
project management challenges, adopting a sustainable project management
strategy has proven to be one of the most significant challenges. Presently,
organizations face the challenge of integrating sustainable practices and
ensuring the safety of their stakeholders while simultaneously generating
profits. Previous studies have failed to highlight the concept of
sustainability in project management. Thus, this study investigates
sustainability in project management, using three case studies to fill the
existing research gap. The research reveals that the adoption of sustainable
practices in project management helps to reduce costs, increase opportunities
and profits, and facilitate organizational success. Nevertheless, organizations
should understand that sustainability entails additional costs and commitment
in terms of natural resources and finances to ensure project success.