Sustainable Project management

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== Abstract ==
 
== Abstract ==
  
Sustainable Project Management (SPM) is an approach to managing projects that considers the impact of project activities on the environment and society, as well as the long-term viability of project outcomes. It integrates environmental, social and economic sustainability principles into project planning, implementation and evaluation. This approach aims to balance the three dimensions of sustainability - environmental, social and economic - in order to create a project outcome that is economically feasible, socially responsible and environmentally sustainable <ref name="Green Project Management"/>.
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The term "Sustainable Project Management" (SPM) refers to a project management methodology that takes into account both the short- and long-term sustainability of project outcomes. It incorporates sustainable development ideas into project planning, implementation, and evaluation. In order to provide a project outcome that is socially responsible, economically viable, and environmentally sustainable, this method seeks to balance the three components of sustainability—environmental, social, and economic. <ref name="Green Project Management"/>.
  
 
Sustainable Project Management starts with a life cycle assessment of a project, identifying the sustainability impact of all project phases, from planning to decommissioning. Like traditional project management SPM also includes stakeholder engagement, risk management and decision-making processes <ref name="ISO21502"/> that are transparent and consider the sustainability implications of alternative options. Throughout the project, performance is monitored and evaluated against sustainability targets and regular reporting ensures continuous improvement.
 
Sustainable Project Management starts with a life cycle assessment of a project, identifying the sustainability impact of all project phases, from planning to decommissioning. Like traditional project management SPM also includes stakeholder engagement, risk management and decision-making processes <ref name="ISO21502"/> that are transparent and consider the sustainability implications of alternative options. Throughout the project, performance is monitored and evaluated against sustainability targets and regular reporting ensures continuous improvement.

Revision as of 14:10, 12 February 2023

Contents

Abstract

The term "Sustainable Project Management" (SPM) refers to a project management methodology that takes into account both the short- and long-term sustainability of project outcomes. It incorporates sustainable development ideas into project planning, implementation, and evaluation. In order to provide a project outcome that is socially responsible, economically viable, and environmentally sustainable, this method seeks to balance the three components of sustainability—environmental, social, and economic. [1].

Sustainable Project Management starts with a life cycle assessment of a project, identifying the sustainability impact of all project phases, from planning to decommissioning. Like traditional project management SPM also includes stakeholder engagement, risk management and decision-making processes [2] that are transparent and consider the sustainability implications of alternative options. Throughout the project, performance is monitored and evaluated against sustainability targets and regular reporting ensures continuous improvement.

Adopting SPM in project management has numerous benefits and is an essential approach to modern project management. It helps organizations to minimize negative environmental impacts and create positive social outcomes. It also helps to ensure long-term viability and sustainability of project outcomes and contributes to the achievement of the United Nations Sustainable Development Goals by considering the needs of future generations and reducing the likelihood of future problems [3].

This article explains some aspect of Sustainable Project Management and finally makes note on its limitations and common pitfalls.

Big Idea

  • What is sustainable project management?
  • How does traditional project management compare to sustainable project management?
  • What impact does it have?

Application

  • What tools are available within sustainable project management
  • How to implement sustainable project management?

Limitations

  • Common limitations and pitfalls
  • How to avoid and work around them?

References

  1. The GPM P5 Standard for Sustainability in Project Management Version 2.0, https://www.greenprojectmanagement.org/gpm-standards/the-p5-standard-for-sustainability-in-project-management.
  2. ISO 21502:2020 Project, programme and portfolio management — Guidance on project management, https://www.iso.org/standard/74947.html.
  3. United Nations Department of Economic and Social Affairs Sustainable Development, https://sdgs.un.org/goals.
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