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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