IDEAS home Printed from https://ideas.repec.org/a/aae/journl/v14y2018i3p7-34.html
   My bibliography  Save this article

A Study of Project Management Practices in the Czech Republic

Author

Listed:
  • Majra Hodžić

    (University of Economics, Prague, Faculty of Business Administration, Department of Management)

  • Helena Hrůzová

    (University of Economics, Prague, Faculty of Business Administration, Department of Management)

Abstract

The importance of project management has hastily increased and its rapid development and tendency towards innovation has made it one of the key components of organizations’ performance. Therefore, the main purpose of this paper was to conduct a systematic study of the current situation and practices in the field of project management in the Czech Republic. Four areas of project management are closely studied: stakeholders´ main demands and requests, main characteristics of project management, level of use of project management methods and identification of the characteristics of the respondents. The research has an explanatory character and works with primary and secondary data. Primary data was obtained through an on-line cross-sectional survey comprising of four parts (identical to the areas studied) conducted in the Czech Republic in 2016. The questionnaire consisted of twenty questions in total and it had elements of both quantitative and qualitative research. It yielded 118 usable responses. The sample examined was random but expert - it covered organizations operating in the Czech Republic and respondents were asked to identify their professionalism and experience in the area of project management. Furthermore, the results of the authors’ survey were compared with the results of similar surveys from the last five years providing secondary data. This comparison brought forth additional insights and better understanding of the theoretical grounding. The results showed a prominent relationship and, to some extent, a correlation between understanding (defining) a successful project and identifying success factors, stakeholder demands and problematic areas, displaying a complexity of working in the field of project management. Furthermore, a vaguely-defined scope was identified as the most problematic area and issue influencing project success. Overall, the study indicates the necessity for innovation, such as the development of a basic framework for project governance approaches as well as an increase in the use of available project management methods. These directions will not only improve project management, but will also boost entrepreneurship spirit and help modern, highly potential start-ups to be competitive in the market.

Suggested Citation

  • Majra Hodžić & Helena Hrůzová, 2018. "A Study of Project Management Practices in the Czech Republic," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 14(3), pages 7-34.
  • Handle: RePEc:aae:journl:v:14:y:2018:i:3:p:7-34
    DOI: 10.7341/20181431
    as

    Download full text from publisher

    File URL: http://jemi.edu.pl/uploadedFiles/file/all-issues/vol14/issue3/JEMI_Vol14_Issue3_2018_Article1.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.7341/20181431?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    project management; project management methods; knowledge; stakeholders;
    All these keywords.

    JEL classification:

    • O22 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Project Analysis
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aae:journl:v:14:y:2018:i:3:p:7-34. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anna Ujwary-Gil (email available below). General contact details of provider: https://fundacjacognitione.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.