TY - JOUR
T1 - Intangible project management assets as determinants of competitive advantage
AU - Mathur, Gita
AU - Jugdev, Kam
AU - Shing Fung, Tak
PY - 2007/6/26
Y1 - 2007/6/26
N2 - Purpose To explore the role of intangible project management assets in achievement of competitive advantage from the project management process through it being valuable, rare, inimitable, and having organizational support. Design/methodology/approach Data were collected on tangible and intangible project management process assets and competitive characteristics of the project management process using an online survey of North American Project Management Institute™ members. Three key tangible asset factors, one intangible asset factor, and three competitive characteristics were identified using exploratory factor analysis. The relationship between these project management assets and project management process characteristics are examined using multivariate analysis. Findings Intangible project management assets are found to be a source of competitive advantage, directly and through a mediating role in the relationship between tangible project management assets and the competitive characteristics of the project management process. Practical implications This study highlights the importance of developing intangible project management assets, in addition to investment in tangible project management assets, to achieve competitive advantage from the process. Research limitations/implications This was an exploratory study. The authors expect to further develop the instrument, refine the model and constructs, and test it with a larger sample. Originality/value Few papers have used the Resource Based View lens and applied it to project management. This paper contributes to the literature on the Resource Based View of the firm and to an improved understanding of project management as a source of competitive advantage.
AB - Purpose To explore the role of intangible project management assets in achievement of competitive advantage from the project management process through it being valuable, rare, inimitable, and having organizational support. Design/methodology/approach Data were collected on tangible and intangible project management process assets and competitive characteristics of the project management process using an online survey of North American Project Management Institute™ members. Three key tangible asset factors, one intangible asset factor, and three competitive characteristics were identified using exploratory factor analysis. The relationship between these project management assets and project management process characteristics are examined using multivariate analysis. Findings Intangible project management assets are found to be a source of competitive advantage, directly and through a mediating role in the relationship between tangible project management assets and the competitive characteristics of the project management process. Practical implications This study highlights the importance of developing intangible project management assets, in addition to investment in tangible project management assets, to achieve competitive advantage from the process. Research limitations/implications This was an exploratory study. The authors expect to further develop the instrument, refine the model and constructs, and test it with a larger sample. Originality/value Few papers have used the Resource Based View lens and applied it to project management. This paper contributes to the literature on the Resource Based View of the firm and to an improved understanding of project management as a source of competitive advantage.
KW - Competitive advantage
KW - Corporate strategy
KW - Intangible assets
KW - Project management
UR - http://www.scopus.com/inward/record.url?scp=84992925038&partnerID=8YFLogxK
U2 - 10.1108/01409170710759694
DO - 10.1108/01409170710759694
M3 - Journal Article
AN - SCOPUS:84992925038
SN - 0140-9174
VL - 30
SP - 460
EP - 475
JO - Management Research News
JF - Management Research News
IS - 7
ER -