Project management assets and their relationship with the project management capability of the firm

Kam Jugdev, Gita Mathur, Tak Shing Fung

Research output: Contribution to journalJournal Articlepeer-review

68 Citations (Scopus)

Abstract

According to the Resource Based View of the firm, strategic assets contribute to a firm's competitive advantage. Strategic assets are characterized as Valuable, Rare, Inimitable, and they involve Organizational Support. These four characteristics have been theorized to result in competitive parity, temporary competitive advantage, or a sustainable competitive advantage for a company. This paper examines the relationships between key project management assets and these project management process characteristics using data from a survey of North American Project Management Institute® members. Findings from an analysis of the data suggest that intangible project management assets are a source of temporary competitive advantage while tangible project management assets are not. These findings highlight the importance of identifying and managing intangible project management assets for practitioners and scholars of project management.

Original languageEnglish
Pages (from-to)560-568
Number of pages9
JournalInternational Journal of Project Management
Volume25
Issue number6
DOIs
Publication statusPublished - Oct. 2007

Keywords

  • Competitive advantage
  • Multivariate analysis
  • Project management
  • Resource Based View
  • Strategic assets
  • Strategy

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