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Project management approach in USA, Japan and Germany – a comparative analysis

Author

Listed:
  • George Cornel Dumitrescu
  • Taranu Mariana Camelia

Abstract

Project management is a complex form of economic activity based on three dimensions: objective, cost and duration. Over time, the most developed countries preserved their status at global scale through knowledge, judicious use of national resources - human and material - and by taking advantage of certain natural or circumstantial advantages. Analyzing the literature, in this paper we plan to evaluate the project management styles adopted and used by three major world economies (US, Japan and Germany) and to identify those specific features that favourise the success of their projects. We consider that despite the problems arising in the implementation of projects (overruns of budget, project duration and resources), it is better to 43 organise the economic activity on a project basis, than aleatory, depending on current conditions and inspiration

Suggested Citation

  • George Cornel Dumitrescu & Taranu Mariana Camelia, 2015. "Project management approach in USA, Japan and Germany – a comparative analysis," Impact of Socio-economic and Technological Transformations at National, European and International Level (ISETT), Institute for World Economy, Romanian Academy, vol. 2.
    • Handle: RePEc:iem:imptrs:v:2:y:2015:id:2822000009327063
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    More about this item

    Keywords

    United States; Japan; Germany; project management;
    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
    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
    • O22 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Project Analysis

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