A1 Refereed original research article in a scientific journal
The Management of Values in Project Business
Authors: Martinsuo M
Publisher: Wiley
Publication year: 2020
Journal: Project Management Journal
Journal name in source: Project Management Journal
Volume: 51
Issue: 4
ISSN: 8756-9728
DOI: https://doi.org/10.1177/8756972820927890
Web address : https://researchportal.tuni.fi/en/publications/a46aa369-4b0e-4aa2-9e9d-e7a6ffa86d34
Abstract
Project value is an important topic of debate in project studies, and previous research has identified challenges in value management. This article reveals the challenges of subjectivity, dynamics, and tensions stemming from multistakeholder involvement and competing values over the project life cycle. This research seeks solutions to the management of values by exploring values as beliefs to supplement their treatment as worth. Management of values is portrayed as an exercise in sensemaking, negotiation, and co-creation when adjusting beliefs to transform project practices and outcomes. A research agenda is proposed to cover the social and behavioral aspects of values in project studies.
Project value is an important topic of debate in project studies, and previous research has identified challenges in value management. This article reveals the challenges of subjectivity, dynamics, and tensions stemming from multistakeholder involvement and competing values over the project life cycle. This research seeks solutions to the management of values by exploring values as beliefs to supplement their treatment as worth. Management of values is portrayed as an exercise in sensemaking, negotiation, and co-creation when adjusting beliefs to transform project practices and outcomes. A research agenda is proposed to cover the social and behavioral aspects of values in project studies.
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