Green Energy Project`s Efficiency: A Cross-industry Evaluation

Assel K. Kozhakhmetova, Kenzhebek T. Gabdullin, Duissekul Kunanbayeva, Samal K. Tazhiyeva and Renata E. Kydaybergenova
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Assel K. Kozhakhmetova: Department of Management and Marketing, Al-Farabi Kazakh National University, High School of Economics and Business, Almaty, Kazakhstan,
Kenzhebek T. Gabdullin: Al-Farabi Kazakh National University, Faculty of Oriental studies, Almaty, Kazakhstan.
Samal K. Tazhiyeva: Department of Management and Marketing, Al-Farabi Kazakh National University, High School of Economics and Business, Almaty, Kazakhstan,
Renata E. Kydaybergenova: Al-Farabi Kazakh National University, Faculty of Oriental studies, Almaty, Kazakhstan.

International Journal of Energy Economics and Policy, 2019, vol. 9, issue 5, 207-215

Abstract: Renewable energy attracts wide attention of world due to high importance and relevance. The study is devoted to this topic and aims to identify critical Project Management (further PM) knowledge areas those affect efficiency of green energy project, and to reveal PM tools those increase an efficiency. The study investigates 253 high-tech projects from Kazakhstan and compares green energy projects with projects from other industries like Information technologies (further IT), nanotechnologies and communications. Authors use Project Management Planning Quality (further PMPQ) model for measuring the efficiency of these projects and for identifying critical factors of efficiency. Results show that IT projects have highest level of efficiency (cost overrun 12,2%, schedule overrun 2,8%, project performance 8,8), when green energy projects show average level of efficiency (cost overrun 45,13%, schedule overrun 6,2%, project performance 7,5). Research findings link these results with use intensity of PM processes. Project efficiency evaluation has also revealed critical knowledge areas for green energy projects like project schedule management, communication management, risk and quality management. Thus, authors have suggested tools and techniques from revealed knowledge areas for improving efficiency of project.

Keywords: Green Energy Project; Project Efficiency; Project Management; Project Planning; Kazakhstan. (search for similar items in EconPapers)
JEL-codes: C39 O21 Q20 Q42 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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