IDEAS home Printed from https://ideas.repec.org/a/eco/journ1/2021-05-6.html
   My bibliography  Save this article

Project Management Tools and Techniques and SME Performance: Empirical Evidence in the Context of Developing Countries

Author

Listed:
  • Luca Sensini

    (Department of Management and Innovation Systems, University of Salerno, Italy)

  • Amit Shan

    (BeLab, NIBS New Delhi, India)

  • Maria Vazquez

    (Business Economics Laboratory, Buenos Aires, Argentina)

Abstract

The goal of this article was twofold. The first objective was to investigate the diffusion and use of Project Management tools and techniques by manufacturing companies in an emerging economy, such as Argentina. The second objective was to assess the impact these instruments have on companies' financial and non-financial performance. The companies selected for the analysis have their registered office in the province of Buenos Aires. Overall, 172 manufacturing companies participated in the survey. The research used a quantitative analysis methodology, using a questionnaire for data collection. The influence of Project Management tools on the performance of companies (users and non-users) was assessed using a non-parametric approach. Regarding the first objective of the research, the results showed that SMEs use a limited set of Project management tools and techniques. However, most managers have shown a strong focus on such tools. About the second objective, the results highlight positive and statistically significant relationships between most PM tools and business performance, suggesting that PM users perform better than non-users. The results show that the scoreboard has a positive impact on the financial and non-financial results of manufacturing firms. Configuration management and cost estimation techniques result in the higher financial performance of user companies than non-user companies. Besides, users of integrated logistics support have significantly better financial and non-financial performance than other companies.

Suggested Citation

  • Luca Sensini & Amit Shan & Maria Vazquez, 2021. "Project Management Tools and Techniques and SME Performance: Empirical Evidence in the Context of Developing Countries," International Journal of Economics and Financial Issues, Econjournals, vol. 11(5), pages 45-51.
    • Handle: RePEc:eco:journ1:2021-05-6
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijefi/article/download/11421/pdf
    Download Restriction: no
    File URL: https://www.econjournals.com/index.php/ijefi/article/view/11421/pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ryan Banerjee, 2014. "SMEs, financial constraints and growth," BIS Working Papers 475, Bank for International Settlements.
    2. repec:bbn:wpaper:2005_1_4 is not listed on IDEAS
    3. Sdrolias L. & Sirakoulis K. & Trivellas P. & Poulios T., 2005. "APPLICABILITY OF PROJECT MANAGEMENT TECHNIQUES IN SMEs: EVIDENCE FROM GREECE," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.
    4. Jyoti Prakas Majumdar & B. Murali Manohar, 2016. "Why Indian manufacturing SMEs are still reluctant in adopting total quality management," International Journal of Productivity and Quality Management, Inderscience Enterprises Ltd, vol. 17(1), pages 16-35.
    5. Yarong Chen & Luca Sensini & Maria Vazquez, 2021. "Determinants of Leverage in Emerging Markets: Empirical Evidence," International Journal of Economics and Financial Issues, Econjournals, vol. 11(2), pages 40-46.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. H. Mahesh Prabhu & Amit Kumar Srivastava, 2023. "CEO Transformational Leadership, Supply Chain Agility and Firm Performance: A TISM Modeling among SMEs," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 24(1), pages 51-65, March.
    2. Daniela MITRAN, 2016. "Economic And Social Impact Of The Young Entrepreneurs Program In Romania," Romanian Economic Business Review, Romanian-American University, vol. 11(2), pages 154-160, June.
    3. Besa SHAHINI, 2016. "Financial Constraints Of Small And Medium Enterprises: Case Of Albania," Journal of Social and Economic Statistics, Bucharest University of Economic Studies, vol. 5(1), pages 21-34, JULY.
    4. Horvath, Akos & Lang, Peter, 2021. "Do loan subsidies boost the real activity of small firms?," Journal of Banking & Finance, Elsevier, vol. 122(C).
    5. Bremus, Franziska Maria & Neugebauer, Katja, 2015. "Don't Stop Me Now: The Impact of Credit Market Segmentation on Firms' Financing Constraints," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112857, Verein für Socialpolitik / German Economic Association.
    6. Franziska Bremus & Katja Neugebauer, 2017. "Don't Stop Me Now: The Impact of Credit Market Fragmentation on Firms' Financing Constraints," Discussion Papers of DIW Berlin 1650, DIW Berlin, German Institute for Economic Research.
    7. Mushtaq, Rizwan & Gull, Ammar Ali & Usman, Muhammad, 2022. "ICT adoption, innovation, and SMEs’ access to finance," Telecommunications Policy, Elsevier, vol. 46(3).
    8. Bremus, Franziska & Neugebauer, Katja, 2018. "Reduced cross-border lending and financing costs of SMEs," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 80, pages 35-58.
    9. Brei, Michael & Gadanecz, Blaise & Mehrotra, Aaron, 2020. "SME lending and banking system stability: Some mechanisms at work," Emerging Markets Review, Elsevier, vol. 43(C).
    10. Jackson Njau Waweru & Kennedy M. Waweru & Kenneth L. Wanjau & Josphat K. Kinyanjui, 2017. "Influence of Alternative Financing on the Relationship between Firm Size and Efficiency of Small and Medium Enterprises in Kenya," International Journal of Finance & Banking Studies, Center for the Strategic Studies in Business and Finance, vol. 6(6), pages 01-15, October.
    11. Kärnä Anders, 2021. "Take it to the (public) bank: The efficiency of public bank loans to private firms," German Economic Review, De Gruyter, vol. 22(1), pages 27-62, February.
    12. Luca Papi & Emma Sarno & Alberto Zazzaro, 2017. "The geographical network of bank organizations: issues and evidence for Italy," Chapters, in: Ron Martin & Jane Pollard (ed.), Handbook on the Geographies of Money and Finance, chapter 8, pages 156-196, Edward Elgar Publishing.
    13. Andreas Mueller & Luca Sensini, 2023. "Determinants of Financing Decisions of SMEs: Evidence from Hotel Industry," International Journal of Business and Management, Canadian Center of Science and Education, vol. 16(3), pages 117-117, April.
    14. Berk YILDIZ, 2024. "Validity of Capital Structure Theories in the Shipping Industry: An Application on U.S. Equity Markets," Sosyoekonomi Journal, Sosyoekonomi Society, issue 32(60).
    15. Alessandra Amendola & Marinella Boccia & Gianluca Mele & Luca Sensini, 2020. "Tax Policy and Firms' Financial Choices: Empirical Evidence from the Dominican Republic," MIC 2020: The 20th Management International Conference,, University of Primorska Press.
    16. Mohammad Nayeem Abdullah & Emon Kalyan Chowdhury & Rahat Bari Tooheen, 2022. "Determinants of capital structure in banking sector: a Bangladesh perspective," SN Business & Economics, Springer, vol. 2(12), pages 1-19, December.
    17. Gautam Dutta & Ravinder Kumar & Rahul Sindhwani & Rajesh Kr. Singh, 2021. "Digitalization priorities of quality control processes for SMEs: a conceptual study in perspective of Industry 4.0 adoption," Journal of Intelligent Manufacturing, Springer, vol. 32(6), pages 1679-1698, August.
    18. Beata Ślusarczyk & Katarzyna Grondys, 2019. "Parametric Conditions of High Financial Risk in the SME Sector," Risks, MDPI, vol. 7(3), pages 1-17, August.
    19. Franziska M. Bremus, 2015. "The Debate about Financing Constraints of SMEs in Europe," DIW Roundup: Politik im Fokus 66, DIW Berlin, German Institute for Economic Research.
    20. Michael Mutingi & Ayon Chakraborty, 2021. "Quality Management Practices in Namibian SMEs: An Empirical Investigation," Global Business Review, International Management Institute, vol. 22(2), pages 381-395, April.

    More about this item

    Keywords

    Project management; Performance; SME; Emerging Economies;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

    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:eco:journ1:2021-05-6. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    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.