Value Management for Exploration Projects-Reference-Cited by-同舟云学术

Value Management for Exploration Projects

Published:2014-08 Issue:4 Volume:45 Page:55-66
ISSN:8756-9728
Container-title:Project Management Journal
language:en
Short-container-title:Project Management Journal

Author:

Maniak Rémi¹,Midler Christophe²,Lenfle Sylvain³,Le Pellec-Dairon Marie⁴

Affiliation:

1. University of Telecom ParisTech, Paris, France

2. University of CNRS & Ecole Polytechnique, Palaiseau, France

3. University of Cergy-Pontoise, Ecole Polytechnique, Palaiseau, France

4. Ecole Polytechnique, Palaiseau, France

Abstract

Whereas exploration projects stand as important drivers in renewing the assets of the firm and creating new business opportunities, it is well recognized that project evaluation and value management methodologies are likely to kill them. This paper provides elements to solving this paradox. We rely on a longitudinal study of three exploration projects and the projects conducted afterward in the automotive and space industries. The analysis suggests that the value creation process can be regarded and managed as a dual process of potential value creation and value realization. This paper discusses the linkages with existing practices and theories.

Publisher

SAGE Publications

Subject

Management of Technology and Innovation,Strategy and Management,Business and International Management

Link

http://journals.sagepub.com/doi/pdf/10.1002/pmj.21436

Reference42 articles.

1. Capital-Budgeting Systems and Capabilities Investments in U.S. Companies after the Second World War

2. Exploitation, Exploration, and Process Management: The Productivity Dilemma Revisited

3. Building Project Capabilities: From Exploratory to Exploitative Learning

4. The Art of Continuous Change: Linking Complexity Theory and Time-Paced Evolution in Relentlessly Shifting Organizations

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