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The Need of Project Capabilities in Project Based Organizations

Nina Grimm

Romanian Distribution Committee Magazine, 2014, vol. 5, issue 1, 24-29

Abstract: Whereas in functional organizations projects are used to drive special business activities, in project based organizations the project is the main business activity. They are characterized by a flexible and innovative form of executing projects in a dynamic and uncertain environment. In this paper an overview is given about the special characteristics of project based organizations and their success factors. From this the need for project capabilities is derived, as they are the source to reach the success factors. The close connection between success factors of project based organizations and the establishment of project capabilities is therefore developed. Then the question of how project capabilities can be build is addressed. Especially explanatory and exploitative learning methods are examined for this. The paper draws special attention to theoretical frameworks for capability building. A thorough understanding of this topic shows the necessity of building capabilities and future specialized research for practical work.

Keywords: Project-based organization; Project capabilities; Project success factors (search for similar items in EconPapers)
JEL-codes: L2 M12 O22 (search for similar items in EconPapers)
Date: 2014
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