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The Role of Monitoring and Evaluation and Project Implementation Management System for Non-Profit Project Performance in Developing Countries

Author

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  • Ovcina Adnan

    (University of Sarajevo PhD, Candidate, Junior Expert for ROM Review Missions, (DG Enlargement region), Integration International Management Consultants, GmbH, Address: Zagrebačka 67, 71000 Sarajevo, Country: Bosnia and Herzegovina)

  • Arslanagic-Kalajdzic Maja

    (PhD, Full Professor, University of Sarajevo – School of Economics and Business, Bosnia and Herzegovina)

Abstract

This study examines the relationship between monitoring and evaluation (M&E), project implementation management system (PIMS) for financial monitoring, and project performance within the framework of the resource-based view (RBV), dynamic capabilities, and knowledge management theory. It focuses on non-profit projects in a developing context, particularly in countries such as Bosnia and Herzegovina (BiH). Developmental assistance and non-profit projects have an important role to play in the economic performance of developing countries. The research highlights the significance of understanding factors influencing project performance in non-profit projects in developing countries such as BiH. The findings indicate that both M&E and PIMS for financial monitoring significantly influence three key knowledge management processes - knowledge internalization, knowledge accumulation, and knowledge transfer and integration, which in turn positively influence project performance. The study underscores the importance of synergy between M&E, PIMS, and knowledge management for enhancing project performance, offering valuable insights for policymakers, donors, the international community, and academia.

Suggested Citation

  • Ovcina Adnan & Arslanagic-Kalajdzic Maja, 2024. "The Role of Monitoring and Evaluation and Project Implementation Management System for Non-Profit Project Performance in Developing Countries," South East European Journal of Economics and Business, Sciendo, vol. 19(1), pages 63-76.
    • Handle: RePEc:vrs:seejeb:v:19:y:2024:i:1:p:63-76:n:1005
    DOI: 10.2478/jeb-2024-0005
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    References listed on IDEAS

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    More about this item

    Keywords

    Monitoring & Evaluation; Project Implementation Management System; Knowledge Management; Resource Based View; Dynamic Capabilities; Structural Equation Modeling;
    All these keywords.

    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing
    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship

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