Influence of indirect internal stakeholders on the performance of strategic projects: understanding the behaviour of projects in universities in Bogotá

Fernando Muñoz and Sergio Chion

International Journal of Project Organisation and Management, 2020, vol. 12, issue 3, 213-239

Abstract: The purpose of this paper is to discover the effect of the extent, engagement, and empowerment of indirect stakeholders on the performance of internal strategic projects through the moderating effect of complexity. This research was conducted in the City of Bogotá in public and private universities from a sample of 356 respondents. The system of statistical analysis used to test the hypothesis of the research was structural equation modelling (SEM). The proposed model has an endogenous latent variable called performance of internal strategic project, and three exogenous variables called stakeholder extent, stakeholder engagement, stakeholder empowerment, and as moderating variable, project complexity. The findings carry theoretical implications for these bodies of knowledge in management: project management and strategic management. Stakeholder extent has a significant effect on performance of internal strategic projects. Stakeholder engagement does not have a significant effect on performance of internal strategic projects. Stakeholder empowerment has a significant effect on performance of internal strategic projects. Complexity is the moderating variable between stakeholder extent and stakeholder engagement on performance of internal strategic projects. This paper's originality is manifest in the variables used, and in its depth of analysis of a gap found in the literature related to indirect stakeholders.

Keywords: project management; indirect stakeholder(s); project performance; strategic project management; stakeholder theory; strategic management; structural equation modelling; SEM. (search for similar items in EconPapers)
Date: 2020
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