Journal section "Issues of management in territorial systems"

Sustainable Development and Project Management: Objectives and Integration Results

Verba Y.S., Ivanov I.N.

5 (41), 2015

Verba Y.S., Ivanov I.N. Sustainable Development and Project Management: Objectives and Integration Results. Economic and Social Changes: Facts, Trends, Forecast, 2015, no. 5 (41), pp. 135-146. DOI: 10.15838/esc/2015.5.41.9

DOI: 10.15838/esc/2015.5.41.9

Abstract   |   Authors   |   References
Integration of sustainable development principles in project management is a tool to implement a values-based strategy. The main goal of this paper is to determine key issues for creating a consistent methodological basis that includes tools and techniques of project management taking into account sustainable development approaches. This paper analyses key aspects in which the conception and project management theory have interconnections. This aspect is, firstly, realization of projects initiated to reach goals in sustainable development area. And the second aspect is realization of various projects taking into consideration sustainable development approaches. The authors analyze contradictions between project management and a concept for sustainable development. The most critical contradictions deal with goals and priorities of the project, period and geography of its valuation, analysis of its impact zones. The authors define the tasks that need to be settled in order to resolve contradictions and integrate the principles of corporate social responsibility. Besides, the paper summarizes academic results in the area of integration of the concept and project management. In order to solve this problem, the authors analyze current project management standards and the integration of sustainable development principles in them. The authors conclude that this task has not been elaborated thoroughly in current methodologies and in widespread standards such as ICB, PMBook, P2M and others. The most interesting one is PRiSM methodology, which was created for resolving integration problems. Furthermore, in making an overview of the current methodological framework, the authors present research findings on the subject. On the basis of the analysis carried out, the article defines prospective directions for further research oriented toward creating the tools and techniques of project management taking into account social and environmental aspects. These directions include the development of methodological tools (methodology of scope, resources and terms of the project) and the formation of main approaches to basic elements in project management including project resources valuation


sustainable development, project management, strategy, corporate social responsibility, social and environmental principles of management

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