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Product Lifecycle Management and Project Life Cycle Management

Author

Listed:
  • Ilie Margareta
  • Ilie Constantin

    (OVIDIUS University of Constanta, Faculty of Economic Sciences
    OVIDIUS University of Constanta, Faculty of Mechanical Engineering)

Abstract

The pressure on businesses to incorporate the principles of sustainable development into policies and activities is mounting. Project management methodologies are not excluded from this pressure. The current project management frameworks do not effectively address the three goals of sustainable development, i.e., social equity, economic efficiency and environmental performance. A prerequisite for aligning these frameworks with the principles of sustainable development is a clear understanding of the various life cycles involved in a project and the interactions between these life cycles. The way forward to achieve true Sustainable Project Life Cycle Management in the manufacturing is subsequently outlined.

Suggested Citation

  • Ilie Margareta & Ilie Constantin, 2010. "Product Lifecycle Management and Project Life Cycle Management," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1073-1076, May.
    • Handle: RePEc:ovi:oviste:v:10:y:2010:i:1:p:1073-1076
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    More about this item

    Keywords

    project management; product life cycle; processes; information;
    All these keywords.

    JEL classification:

    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other

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