The value harmonization mechanism of the industry development programs
DOI:
https://doi.org/10.15587/1729-4061.2013.14441Keywords:
Value-based management, industry development program, discounted rates, harmonized valueAbstract
The article focuses on value-based management applied to the state development program. Program implementation remains inefficient due to imperfect value harmonization instruments. Common methods of balancing of the participant’s interests (like corporate rates) cannot be used state program management. Relevance of the article is provided by necessity of using models and methods of harmonization of stakeholder interests in the state development programs.
It describes an evaluation tool of program participant’s interests. Discounted profitability index and minimum return on assets criteria were used as criteria of projects value balancing in the program. It is demonstrated two methods of taking into account the time value of money applying to the project evaluation criteria.
The designed model for harmonization the stakeholder’s interests enables to determine the boundary conditions which require application of support measures to the project in order to balance its value. The research results can be applied to the management of state industry development programsReferences
- Медведєва, О. М. Ціннісно-орієнтоване управління взаємодією в проектах: Методологічні основи [Текст] : автореф. дис. д-ра техн. наук : 25.02.2013 / О. М. Медведєва ; [Київський національний університет будівництва і архітектури] . – Київ, 2013 – 48 с.
- Долан С. Управление на основе ценностей. Корпоративное руководство по выживанию, успешной жизнедеятельности и умению зарабатывать деньги в ХХІ веке [Текст] / С. Долан, С. Гарсия. – М. : Претекст, 2008. – 313 с.
- Дасковский, В.С. Об оценке эффективности инвестиций [Текст] : В. С. Дасковский, В. И. Киселев // Экономист. – 2007. – №3. – С. 38–48.
- A Guide to the Project Management Body of Knowledge [Текст] : An American National Standard / Ed. W.R. Duncan. – Third Edition. – PMI Standards Committee. ANSI / PMI 99 – 001–2004. – 388 p.
- Performance Budgeting: OMB's Performance Rating Tool Presents Opportunities and Challenges for Evaluating Program Performance [Электронный ресурс] / D. C. Washington, The Government Accountability Office - Режим доступа : www/ URL: http://www.gao.gov/cgi-bin/getrpt?GAO-04-550T/ – 11.03.2004 г. – Загл. с экрана.
- A guidebook of Project & Program Management for Enterprise Innovation [Текст] T. 1. : Project Management Association of Japan (PMAJ) / Representative Author : Prof. Shigenobu Ohara. – version 1.2. - PMCC/ENNA, Japan, 2008. 109 p.
- Managing for Results: Measuring Program Results That Are Under Limited Federal Control [Электронный ресурс] / D. C. Washington, The Government Accountability Office - Режим доступа : www/ URL: http://www.gao.gov/cgi-bin/getrpt?GAO/GGD-99-16/ – 11.12.1998 г. – Загл. с экрана.
- Cleland, D. I. Strategic Management of Teams. [Текст] / D. I. Cleland. – New York. : John Wiley & Sons, Inc , 1996. – 292 p.
- Forsberg, K. Visualizing Project Management [Текст] / K. Forsberg, H. Mooz, H. Cotterman. – New York. : John Wiley & Sons, Inc , 2000. – 364 p.
- Kaplan, R. S. The Balanced Scorecard: Translating stratagem into Action [Текст] / R. S. Kaplan, D. P. Norton. – Boston.: Harvard Business School Press, 1996. – 364 р.
- Medviedeva, O. M. (2013). Value-oriented management in projects interaction: Methodological foundations. Kyiv, Ukraine. Dissertation abstract.
- Dolan, S., Salvador, G. (2008). Value based Management. Corporate survival guide, to succeed in life and the ability to make money in the twenty-first century. Moscow, Russia: Pretext.
- Daskovskii, V., Kiseliev, V. (2007) An assessment of the investment. Economist, № 3, 38-48.
- A Guide to the Project Management Body of Knowledge. Third Edition. (2004) Ed. W.R. Duncan. –– PMI Standards Committee. ANSI / PMI 99 – 001–2004.
- Performance Budgeting: OMB's Performance Rating Tool Presents Opportunities and Challenges for Evaluating Program Performance. (2004) D. C. Washington: www/ URL: http://www.gao.gov/cgi-bin/getrpt?GAO-04-550T/
- A guidebook of Project & Program Management for Enterprise Innovation V. 1. (2008) Project Management Association of Japan, PMCC/ENNA, Japan.
- Managing for Results: Measuring Program Results That Are Under Limited Federal Control (1998) D. C. Washington, The Government Accountability Office: www/ URL: http://www.gao.gov/cgi-bin/getrpt?GAO/GGD-99-16/.
- Cleland, D. I. (1996) Strategic Management of Teams, New York, John Wiley & Sons.
- Forsberg, K. Mooz, H. (2000) Visualizing Project Management. New York, John Wiley & Sons, Inc.
- Kaplan, R. S. Norton, D. P. (1996) The Balanced Scorecard: Translating stratagem into Action. Boston. Harvard Business School Press.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2014 Світлана Миколаївна Леонова
This work is licensed under a Creative Commons Attribution 4.0 International License.
The consolidation and conditions for the transfer of copyright (identification of authorship) is carried out in the License Agreement. In particular, the authors reserve the right to the authorship of their manuscript and transfer the first publication of this work to the journal under the terms of the Creative Commons CC BY license. At the same time, they have the right to conclude on their own additional agreements concerning the non-exclusive distribution of the work in the form in which it was published by this journal, but provided that the link to the first publication of the article in this journal is preserved.
A license agreement is a document in which the author warrants that he/she owns all copyright for the work (manuscript, article, etc.).
The authors, signing the License Agreement with TECHNOLOGY CENTER PC, have all rights to the further use of their work, provided that they link to our edition in which the work was published.
According to the terms of the License Agreement, the Publisher TECHNOLOGY CENTER PC does not take away your copyrights and receives permission from the authors to use and dissemination of the publication through the world's scientific resources (own electronic resources, scientometric databases, repositories, libraries, etc.).
In the absence of a signed License Agreement or in the absence of this agreement of identifiers allowing to identify the identity of the author, the editors have no right to work with the manuscript.
It is important to remember that there is another type of agreement between authors and publishers – when copyright is transferred from the authors to the publisher. In this case, the authors lose ownership of their work and may not use it in any way.