This volume aims to explore project management contributions to sustainable business change based on renewability, reuse, and repair as well as the effect of circular economy business solutions on project management in terms of the management approach, governance, and leadership. The main aim of integrating project management with a circular business paradigm is not only to learn how project management can contribute to achieving circular economy principles, but also to understand the impact of business needs on project management. By understanding these needs, recommendations can be developed and promoted among different stakeholders such as governments, financial institutions, and education institutions with the goal of supporting and assisting project management to drive sustainable business change. This approach will enable readers to assess how project management professions can support a shift toward sustainable business. The primary audience of this work is management scholars, educators, researchers, and students. Scholars, government representatives, financial institutions, management educators, start-up companies, innovative entrepreneurs, and all others who use the circular economy to support sustainable development can also find much of use in this book.
Author(s): Vladimir Obradović
Publisher: Springer
Year: 2023
Language: English
Pages: 315
City: Cham
Preface
Acknowledgements
Contents
Part I: People, PM Practice and Circular Economy
Chapter 1: The Role of Higher Education in Transition to a Circular Economy: Journey on the “Yellow Brick Road” to Sustainability
1.1 Introduction
1.2 Literature Review
1.2.1 Paving the Way Through Higher Education
1.2.2 Circular Economy Keywords Network
1.2.3 Coming of Age Construct: Circular Economy Brick Road
1.3 Research Background and Methodology
1.4 Research Results
1.4.1 On Demographics
1.4.2 On Familiarity and Knowledge of Circular Economy
1.4.3 On a Future Behavioural Change and Education for Circular Economy
1.5 Discussion and Conclusion
References
Chapter 2: Green Human Resource Management in Circular Economy and Sustainability
2.1 Introduction
2.2 Circular Economy
2.2.1 Circular Economy Business Model
2.3 Green Human Resource Management
2.3.1 Green Human Resource Management Practices
2.4 Sustainability and Sustainable Development
2.5 Green Human Resource Management, Circular Business Model and Sustainable Performance
2.6 Discussion and Conclusion
References
Chapter 3: Exploring the Missing Link to Circular Economy in Construction: A Systematic Review of Waste Management Literature
3.1 Introduction
3.2 Theoretical Background
3.2.1 Construction Waste Management
3.2.2 Circular Economy Model in Construction Waste Management
3.3 Methodology
3.4 Discussion
3.4.1 What Are the Current CWM Practices?
3.4.1.1 Construction Waste Reduction/Minimisation (CWR) Practices
Source Reduction
During the Planning Phase
During the Design Phase
During the Construction/Deconstruction Phase
End of Pipe Waste Reduction
Reuse
Recycling
3.4.1.2 Landfill
3.4.1.3 Illegal Dumping/Fly-Tipping
3.4.2 What Are the Factors That Contribute to the Implementation of Sustainable CWM Best Practices?
3.4.2.1 Legislation and Regulations
3.4.2.2 CWM Plan
3.4.2.3 Incentives
3.4.2.4 Fines/Penalties
3.4.2.5 Waste Disposal Charges/Landfill Taxes
3.4.2.6 Training and Education
3.4.3 What Are the Factors That Impede the Adoption of Sustainable CWM Best Practices?
3.4.3.1 Technical Barriers
3.4.3.2 Attitudes and Behaviour Barriers
3.4.3.3 Legal/Legislation Barriers
3.4.3.4 Market/Economic Viability Barriers
3.5 Conclusions
References
Part II: CE Projects and Sustainable Business Change
Chapter 4: Responsible Project Management Tensions in a Tier 1 UK Infrastructure Organization
4.1 Introduction
4.2 Literature Review
4.3 Methodology
4.4 Findings and Analysis
4.4.1 Cognitive Tension
4.4.2 Organisational–Individual Responsibility Dissonance
4.4.3 External Stakeholder Role Tension
4.4.4 Visibility of Values
4.5 Discussion and Conclusion: Tensions in the Project Procurement Professional Environmental Responsibility Stance
References
Chapter 5: Corporate Social Responsibility, Circular Economy and Sustainable Development: Business Changes and Implications in Project-Oriented Companies
5.1 Introduction
5.2 Circular Economy
5.3 Corporate Social Responsibility and Circular Economy Towards Sustainability
5.4 Corporate Social Responsibility and Circular Economy in Project Management
5.5 Application of Corporate Social Responsibility and Circular Economy in Various Industries
5.6 Methodology
5.6.1 Entropy Method
5.6.2 TOPSIS Method
5.6.3 Results
5.7 Discussion
5.8 Conclusion
References
Chapter 6: Development and Review of Circular Economy Indicators: Evidence from European Union
6.1 Introduction
6.2 The Concept of Circular Economy
6.3 Circular Economy Indicators and Measuring Methods
6.4 Overview of the Initiatives Applied to Develop the Circular Economy Indicators
6.5 Overview of Groups of Indicators
6.6 Overview of Indicators According to the Level of Implementation
6.7 Circular Economy Assessment at the Micro Level
6.8 Circular Economy Assessment at the Meso Level
6.9 Circular Economy Assessment at the Macro Level
6.10 Overview of Indicators Developed by Different Countries
6.11 Overview of the Circular Economy Indicators in France
6.12 Overview of the European Union Circular Economy Indicators
6.13 Overview of the Circular Economy Monitoring Framework
6.14 Discussion and Conclusions
References
Chapter 7: Financing Start-Up Projects in Circular Economy: Does Crowdfunding Fit?
7.1 Introduction
7.2 Literature Review
7.2.1 Circular Economy
7.2.2 Circular Economy and Start-Ups
7.2.3 Circular Economy and Crowdfunding
7.3 Methods
7.3.1 Sample
7.3.2 Variables
7.3.3 Descriptive Statistic
7.3.4 Results
7.4 Discussion
7.5 Conclusion
References
Part III: Integrating Sustainability into PM Methodology
Chapter 8: Methodology Hybridization for Sustainable Strategic Management of Circular Projects and Programs
8.1 Introduction
8.2 Research Methodology, Approach and Design
8.3 Methodology for Implementation of Projects in Circular Environments
8.4 Conclusion
8.5 Research Findings
8.6 Research Limitations
References
Chapter 9: The System Dynamics Model for the Impact Assessment of Project Management on Circular Economic Processes
9.1 Introduction
9.2 CE Models, Concepts, and Approaches
9.3 Parameters and Indicators Measuring CE
9.4 Simulation Modeling
9.4.1 Dynamic Systems
9.4.2 System Dynamics
9.5 Neural Network Modeling
9.6 Different Models of CE
9.6.1 Simulation Model of CE
9.6.1.1 System Parameters
9.6.1.2 Drives or Processes
9.6.1.3 Flows
9.6.1.4 Some Control Functions
9.6.2 Deep Recurrent Neural Network Model of CE
9.7 Results and Discussion
References
Chapter 10: A Conceptual Framework for Enabling Benefits from Linking Sustainability and Project Management
10.1 Introduction
10.2 Sustainable Development and Sustainable Project Management
10.2.1 Sustainable Development
10.2.2 Principles of Sustainable Development and Sustainable Project Management
10.3 Project Success and Values for the Organization and Society
10.3.1 Critical Success Factors, Success Criteria, and Key Performance Indicators
10.3.2 Values for Organization and Society
10.4 Sustainable Project Management Phases
10.5 Practices, Tools, and Techniques for Sustainable Project Management
10.6 Competencies of a Project Manager for Sustainable Project Management
10.7 A Conceptual Framework for Enabling Benefits from Linking Sustainability and Project Management
10.8 Conclusion
References
Chapter 11: The Impact of the Circular Economy Approach on the Project Portfolio and Selection Process
11.1 Introduction
11.1.1 Project Portfolio Management and Sustainability
11.1.2 Project Portfolio Management and Circular Economy
11.2 Project Portfolio Selection
11.2.1 General and CE-Driven Project Evaluation and Selection
11.2.2 Selection Techniques
11.3 Selection Criteria
11.3.1 Defining Project Categories
11.3.2 Criteria for Project Selection in Different Projects Types
11.3.3 A Theoretical Framework
11.3.4 Project Prioritization and Portfolio Optimization
11.3.5 Difficulties and Mistakes in Portfolio Selection
11.4 Discussion and Conclusions
References
Chapter 12: Circular Economy and Project Management: The Road Ahead
12.1 Introduction
12.2 Circular Economy Development and Perspective
12.2.1 Circular Business Models
12.2.2 National and Local CE Initiatives
12.2.3 Technological Breakthrough
12.3 Project Management Development and Perspective
12.4 Project Management Meets Circular Economy
12.5 Discussion and Conclusion
References
Index
