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The Management of Values in Project Business: Adjusting Beliefs to Transform Project Practices and Outcomes

Research output: Contribution to journalArticleScientificpeer-review

Details

Original languageEnglish
Pages (from-to)389–399
Number of pages11
JournalProject Management Journal
Volume51
Issue number4
DOIs
Publication statusPublished - Jun 2020
Publication typeA1 Journal article-refereed

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.

Keywords

  • belief, project value, value management, values, worth

Publication forum classification

Field of science, Statistics Finland