Sustainable Development Through Effective Project Management: The Petromasila in Yemen
DOI:
https://doi.org/10.14738/assrj.103.14312Keywords:
cost management, PetroMasila, planning management, project management, risk management, sustainable development, time management, YemenAbstract
This study examines the process by which the components of project management influence the sustainable development effectiveness of PetroMasila personnel in Yemen. The quantitative technique was utilized in the current investigation. The online survey was utilized to gather information from 342 workers working in departments involved in project-related activities. The Structural Equation Model (SEM) was used in Smart-PLS Software to analyze the data. This study revealed that project management and its following aspects, including planning management and cost management had a substantial and favorable impact on the oil industry's capacity for sustainable growth. The study model explained 32% of the variance in sustainable development effectiveness. In addition, this paper outlines limitations and further research.
References
AL-Sharafi, A., The impact of applying good governance standards in reducing corruption and achieving sustainable development in Yemen. Journal Ishraqat Tanmawya, 2021. 26: p. 769-791.
World Bank, Yemen - World Bank Documents. world development indicators, 2020.
A. Kassem, M., M.A. Khoiry, and N. Hamzah, Evaluation of Risk Factors Affecting on Oil and Gas Construction Projects in Yemen. International Journal of Engineering & Technology, 2019. 8: p. 6-14.
Alshihri, S., K. Al‐gahtani, and A. Almohsen, Risk Factors That Lead to Time and Cost Overruns of Building Projects in Saudi Arabia. Buildings, 2022. 12.
Martínez de Anguita, P., E. Alonso, and M.Á. Martín, Environmental economic, political and ethical integration in a common decision-making framework. Journal of Environmental Management, 2008. 88: p. 154-164.
Armenia, S., et al., Sustainable project management: A conceptualization-oriented review and a framework proposal for future studies. Sustainability, 2019. 11(9): p. 2664.
Mojarad, A.A.S., V. Atashbari, and A. Tantau, Challenges for sustainable development strategies in oil and gas industries. Proceedings of the International Conference on Business Excellence, 2018. 12: p. 626-638.
Vacar, A., Project Management – a Tool for Implementing Change in Organizations. Studies in Business and Economics, 2013. 8: p. 137-144.
Andrejić, M.D., B.D. Đorović, and D.S. Pamučar, managing projects using a project management approach. Vojnotehnicki glasnik, 2011. 59: p. 142-157.
Jain, M., An Overview of Project Management. Journal of Contemporary Issues in Business and Government, 2021. 27.
PMI, A Guide to the Project Management Body of Knowledge (PMBOK GUIDE). Project Management Institute (PMI), 2018. 11: p. 7-8.
Magano, J., et al., The contribution of project management to a more sustainable society: Exploring the perception of project managers. Project Leadership and Society, 2021. 2.
Benard, M.M. and R.M. Iminza, Effective Project Management for Sustainable Rural Development in Africa. International Journal of Academic Research in Business and Social Sciences, 2020. 10.
Ivanov, I., T. Vlasova, and L. Orlova, Project management regarded as a driver of sustainable development, in E3S Web of Conferences, K.V. Rudoy D. Olshevskaya A., Editor 2020, EDP Sciences.
Toledo, R.F.D., et al., Is the incorporation of sustainability issues and Sustainable Development Goals in project management a catalyst for sustainable project delivery? International Journal of Sustainable Development and World Ecology, 2021. 28: p. 733-743.
Cabezas, H., et al., Sustainability: ecological, social, economic, technological, and systems perspectives. Clean Technologies and Environmental Policy, 2003. 5: p. 167-180.
Portney, K.E., Taking sustainable cities seriously: Economic development, the environment, and quality of life in American cities.2013.
Drejeris, R. and D. Oželienė, New approach to the technological aspect of corporate sustainable development. Business: Theory and Practice, 2019. 20: p. 363-371.
Griffen, L. and N. Ryzheva, Technology as a socio-historical phenomenon. History of Science and Technology, 2021. 11: p. 26-37.
Bartelmus, P., Use and usefulness of sustainability economics. Ecological Economics, 2010. 69: p. 2053-
Panwar, N.L., et al., Sustainable development with renewable energy resources: A review. World Review of Science, Technology and Sustainable Development, 2013. 10: p. 163-184.
Mihelcic, J., A. Ramaswami, and J. Zimmerman, Integrating Developed and Developing World Knowledge into Global Discussions and Strategies for Sustainability. 1. Science and Technology. Environmental Science and Technology, 2007. 41: p. 3415-3421.
Christensen, M., Healthy individuals in healthy organizations: The happy productive worker hypothesis. The Positive Side of Occupational Health Psychology, 2017: p. 155-169.
Goedknegt, D. and G. Silvius, The implementation of sustainability principles in project management. 26th IPMA World Congress, Greece, 2012: p. 875-882.
Herrmann, M., The Challenge of Sustainable Development and the Imperative of Green and Inclusive Economic Growth. Modern Economy, 2014. 05: p. 113-119.
Ahmad, W., C.L. Soskolne, and T. Ahmed, Strategic thinking on sustainability: Challenges and sectoral roles. Environment, Development and Sustainability, 2012. 14: p. 67-83.
Too, E.G. and P. Weaver, The management of project management: A conceptual framework for project governance. International Journal of Project Management, 2014. 32: p. 1382-1394.
Morris, P.W.G., Managing Project Management Knowledge for Organizational Effectiveness. Proceedings of PMI Research Conference 2002, Seatle, 2002: p. 1-17.
Gomes, J. and M. Romão, Improving Project Success: A Case Study Using Benefits and Project Management. Procedia Computer Science, 2016. 100: p. 489-497.
Papke-Shields, K.E., C. Beise, and J. Quan, do project managers practice what they preach, and does it matter to project success? International Journal of Project Management, 2010. 28: p. 650-662.
Rajablu, M., G. Marthandan, and W.F.W. Yusoff, Managing for stakeholders: The role of stakeholder-based management in project success. Asian Social Science, 2014. 11: p. 111-125. 287
Ansah, R.H., S. Sorooshian, and S.B. Mustafa, Lean construction: An effective approach for project management. ARPN Journal of Engineering and Applied Sciences, 2016. 11: p. 1607-1612.
Teixeira, L., et al., Analysis and Design of a Project Management Information System: Practical Case in a Consulting Company. Procedia Computer Science, 2016. 100: p. 171-178.
Glegg, S.M.N., A. Ryce, and K. Brownlee, A visual management tool for program planning, project management and evaluation in paediatric health care. Evaluation and Program Planning, 2019. 72: p. 16-
Makatsoris, C., An information and communication technologies-based framework for enhancing project management education through competence assessment and development. Human Factors and Ergonomics In Manufacturing, 2009. 19: p. 544-567.
Omer, A.M., Energy, environment and sustainable development. Renewable and Sustainable Energy Reviews, 2008. 12: p. 2265-2300.
Dadzie, J., et al., Barriers to adoption of sustainable technologies for energy-efficient building upgrade-Semi-structured interviews. Buildings, 2018. 8.
Elkington, J., The triple bottom line of 21st century 73. Cannibals with forks, 1997.
Fm, I., Improving Organization Performance: Project Management Approach Sustainable Development in Face of Globalization. Journal of Entrepreneurship & Organization Management, 2015. 04.
Kurganov, M., Project and Program Management of the Regional Sustainable Development: Features and Theoretical Approaches Review. Scientific Research and Development. Russian Journal of Project Management, 2020. 9: p. 22-32.
Munoz-Raskin, R., J. Moody, and E. Fleischman, Project Management Planning. The Urban Rail Development Handbook, 2018: p. 99-127.
Nzewi, H.N., M.O. Ebele, and O.S. Alaba, Strategic planning and goal attainment of polytechnics in Ondo state of Nigeria. International Journal of Business Management and Social Research, 2017. 4: p. 198-205.
Wijetunge, W.A.D.S. and M.D. Pushpakumari, The relationship between strategic planning and business performance: an empirical study of manufacturing SMEs in Western province in Sri Lanka. Kelaniya Journal of Management, 2014. 3: p. 23.
Ackon, F., N. Kheni, and J. Mensah, Influence of Organisational Culture on Project Planning: A Competing Values Perspective in Ghanaian Context. African Journal of Applied Research, 2022.
Timofeeva, N., Improving the Strategic Planning of Agricultural Development in the Region. Bulletin of Kemerovo State University. Series: Political, Sociological and Economic sciences, 2020. 2020: p. 417-424.
Becker, H., Can I Have 5 Minutes of Your Time? A No-Nonsense, Fun Approach to Sales from Xerox's Former# 1 Salesperson.2008: Morgan James Publishing.
Kristan, P., Awakening in Time: Practical Time Management for Those on a Spiritual Path2010: Dog Ear Publishing.
Claessens, B.J.C., et al., A review of the time management literature. Emerald Group Publishing Limited, 2007. 36: p. 255-276.
Kim, A., P. Bansal, and H. Haugh, no time like the present: How a present time perspective can foster sustainable development. Academy of Management Journal, 2019. 62: p. 607-634. 288
Jackson, V.P., Time Management: A Realistic Approach. Journal of the American College of Radiology, 2009. 6: p. 434-436.
Gehani, R.R., Time‐based management of technology. International Journal of Operations & Production Management, 1995. 15: p. 19-35.
Van Berkel, R., The Sustainable Development Challenge for Technology: will it work in time? Australia at the crossroads., 2000. 30: p. 1-17.
Cooper, R. and R. Slagmulder, Achieving full-cycle cost management. MIT Sloan Management Review, 2004.
Azis, A.A.A., et al., Cost management of large construction projects in South Malaysia. ISBEIA 2012 - IEEE Symposium on Business, Engineering and Industrial Applications, 2012: p. 625-629.
Nandjebo, M., J.O. Akande, and S.O. Olutuase, Modelling the effect of project cost management on project management performance: An application of SEM to Namibian MRCs. International Journal of Project Organisation and Management, 2021. 13: p. 150-169.
Yismalet, A. and D. Patel, a Critical Literature Review on Improving Project Cost Management Practice and Profitability of Domestic Contractors. International Journal of Engineering Technologies and Management Research, 2020. 5: p. 51-58.
Mihajlovska, K.H.N., IMPORTANCE OF IDENTIFYING COST MANAGEMENT IN GREEN BUSINESSES. Економски институт - Скопје, 2021.
Yun, S., Construction Cost Management in Sustainable Development. Journal of Jiujiang Vocational and Technical College, 2007.
Duman, H., et al., Environmental cost management within the sustainable business. Tojsat, 2013. 3: p. 86-
Wanass, K.A. and N.F. Shahaza, The Role of Applying Targeted Cost Technology and the Dimensions of Entrepreneurship in Achieving Sustainable Development. Talent Development & Excellence, 2020. 12: p. 23-30.
Saleem, S. and Z.U. Abideen, do effective risk management affect organizational performance. European Journal of Business and Managemen, 2011. 3: p. 258-268.
Albogami, S.M., et al., A new hybrid ahp and dempster—shafer theory of evidence method for project risk assessment problem. Mathematics, 2021. 9.
Abdulsamad, A., et al., The Importance of Entrepreneurial Orientation's Dimensions in Influencing the Organizational Performance of Food and Beverage SMEs. Advances in Social Sciences Research Journal, 2020. 7: p. 81-99.
Moradi Shahdadi, K. and M.H. Sedghi, The Relationship between Risk Management and Economic Performance in Tehran Stock Exchange. SSRN Electronic Journal, 2017.
Abdulhadi, A.R., et al., The Impact of Risk Management on The Dimensions of Project Management Among Small and Medium Enterprises in Iraq. Advances in Social Sciences Research Journal, 2022. 9: p. 469-481.
Gheorghe, M., Risk Management in the Context of Sustainable Development. Annals of the University of Oradea, Economic Science Series, 2012. 21(1): p. 1248-1254.
Bakhtiari, S., Risk management: a powerful instrument for sustainable development. OIDA International Journal of Sustainable Development, 2014. 07: p. 95-103.
Ayse, K. and F. Triant, managing corporate sustainability: Risk management process-based perspective. African journal of business management, 2010. 4: p. 162-171.
Krysiak, F.C., Risk management as a tool for sustainability. Journal of Business Ethics, 2009. 85: p. 483-492.
Krejcie, R.V. and D.W. Morgan, Determining Sample Size for Research Activities. Educational and Psychological Measurement, 1970. 30: p. 607-610.
Hair, J.F., et al., Partial least squares structural equation modeling (PLS-SEM): An emerging tool in business research. European Business Review, 2014. 26: p. 106-121.
Mohtasham, K., et al., Vendor Selection Risk Management Framework in Automotive Industry. International Journal of Mechanical Engineering and Applications, 2016. 3: p. 57.
Abdulsamad, A., et al., Impact of Market Orientation Components on Organizational Performance of SMEs. The single-industry approach " Food and Beverage Sector". Advances in Social Sciences Research Journal, 2021. 8: p. 504-516.
Fornell, C. and D.F. Larcker, Evaluating Structural Equation Models with Unobservable Variables and Measurement Error. Journal of Marketing Research, 1981. 18: p. 39.
Chin, W.W., Issues and opinion on structural equation modeling. MIS Quarterly: Management Information Systems, 1998. 22: p. 7-16.
Mathur, V.N., A.D.F. Price, and S. Austin, Conceptualizing stakeholder engagement in the context of sustainability and its assessment. Construction Management and Economics, 2008. 26: p. 601-609.
Silvius, G. and R. Schipper, Planning project stakeholder engagement from a sustainable development perspective. Administrative Sciences, 2019. 9.
Ioppolo, G., et al., Sustainable local development and environmental governance: A strategic planning experience. Sustainability (Switzerland), 2016. 8.
Lawrence, M.R. and Michael, Effective Time and Self Management, Environment and Productivity in an Organization. Science Journal of Business and Management, 2016. 4(6): p. 204.
Dyer, J.A., et al. How risk management fails to protect maritime supply chains through climate change risk impacts: A literature critique. in In Proceedings of the IAME conference. 2017. International Association of Maritime Economists.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Razi Al-Zubaidi, Mohd Khairol Anuar Bin Mohd Ariffin, Mohd Idris Shah Ismail, Kamarul Arifin Ahmad, Ali Raqee, Akram Abdulsamad

This work is licensed under a Creative Commons Attribution 4.0 International License.
