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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
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    References listed on IDEAS

    as
    1. Ryan Banerjee, 2014. "SMEs, financial constraints and growth," BIS Working Papers 475, Bank for International Settlements.
    2. 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.
    3. 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.
    4. 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.
    5. repec:bbn:wpaper:2005_1_4 is not listed on IDEAS
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    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

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