Project Management in the Time of VUCA: Threat or Opportunity?
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F24%3APU151179" target="_blank" >RIV/00216305:26510/24:PU151179 - isvavai.cz</a>
Result on the web
<a href="http://hdl.handle.net/20.500.12603/823" target="_blank" >http://hdl.handle.net/20.500.12603/823</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.36689/uhk/hed/2024-01-015" target="_blank" >10.36689/uhk/hed/2024-01-015</a>
Alternative languages
Result language
angličtina
Original language name
Project Management in the Time of VUCA: Threat or Opportunity?
Original language description
This study addresses the "projectification of society" and its alignment with the VUCA framework (Volatility, Uncertainty, Complexity, Ambiguity). Four widely used international project management standards—PMI, IPMA, PRINCE2, and PM2—are evaluated for their suitability in the VUCA environment. The research employs a multicriteria approach, specifically the Weighted Sum Approach method, considering factors like volatility, uncertainty, complexity, and ambiguity. The selected standards are scrutinized based on their adaptability to VUCA challenges, with a focus on PMBOK, IPMA, PRINCE2, and PM2. The seventh edition of the PMBOK has been evaluated on the first position. The study emphasizes the crucial role of selecting an appropriate project management standard for success in navigating the dynamic VUCA world. The results confirmed this and brought a number of recommendations for managing projects in a VUCA environment.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Proceedings of the international scientific conference Hradec Economic Days 2024
ISBN
978-80-7435-931-6
ISSN
2464-6067
e-ISSN
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Number of pages
10
Pages from-to
166-175
Publisher name
University of Hradec Králové
Place of publication
Hradec Králové, Czech Republic
Event location
Hradec Králové
Event date
Apr 11, 2024
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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