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The Difficulty in Following Project Schedule as a Key Project Management Challenge: Family Firm Perspective

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  • Joanna SADKOWSKA

    () (University of Gdansk, Poland)

Abstract

The problem of how to manage projects successfully has been gaining growing interest for the last decades. The aforementioned is mainly caused by the fact that project management offers a wide range of methods and tools which, when properly used, can stimulate long-term growth of businesses. As a consequence it offers a particular development opportunity for family enterprises which, due to their specificity, have to overcome many difficulties. The primary objective of this paper is to examine whether family enterprises perceive, and to what extent, the factor of following project schedule as a difficulty in the area of project management. 154 Polish family firms representing different sectors were surveyed. The results of regression analysis show that family firms with global range of business activities, on the contrary to those with local or regional ones, do not find the factor of following project schedule as a difficulty. This results manly from the tools employed and the maturity level they have reached in project management. The findings support the current discussion on the specificity and uniqueness of family businesses in relationship to the knowledge area of project management. It also contributes to filling the gap on understanding the functioning of family firms in the emerging economies of Eastern Europe.

Suggested Citation

  • Joanna SADKOWSKA, 2016. "The Difficulty in Following Project Schedule as a Key Project Management Challenge: Family Firm Perspective," Management and Economics Review, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 1(2), pages 136-147, December.
  • Handle: RePEc:rom:merase:v:1:y:2016:i:2:p:136-147
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    File URL: http://mer.ase.ro/files/2016-2/6.pdf
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    References listed on IDEAS

    as
    1. Ion POPA & Simona Catalina STEFAN & Doina I. POPESCU, 2015. "The Dynamic Analysis Of The Main Strengths And Weaknesses Of Romanian Firms' Management," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 9(1), pages 1017-1025, November.
    2. Ion POPA & Simona C?t?lina ?TEFAN, 2015. "The Analysis Of The Main Strengths And Weaknesses Of Romanian Firms’ Management," Business Excellence and Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 5(4), pages 5-15, December.
    3. Petra Rydvalová & Eva Karhanová Horynová & Magdalena Zbránková, 2016. "Family Business as Source of Municipality Development in the Czech Republic," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 18(41), pages 168-168, February.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    family business; project management difficulties; project schedule; Poland;

    JEL classification:

    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • O22 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Project Analysis

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