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Value Management for Exploration Projects

Author

Listed:
  • Rémi Maniak

    (CRG - Centre de recherche en gestion - X - École polytechnique - IP Paris - Institut Polytechnique de Paris - CNRS - Centre National de la Recherche Scientifique, SES - Département Sciences Economiques et Sociales - Télécom Paris - IMT - Institut Mines-Télécom [Paris] - IP Paris - Institut Polytechnique de Paris)

  • Christophe Midler

    (CRG - Centre de recherche en gestion - X - École polytechnique - IP Paris - Institut Polytechnique de Paris - CNRS - Centre National de la Recherche Scientifique)

  • Sylvain Lenfle

    (THEMA - Théorie économique, modélisation et applications - UCP - Université de Cergy Pontoise - Université Paris-Seine - CNRS - Centre National de la Recherche Scientifique, CRG - Centre de recherche en gestion - X - École polytechnique - IP Paris - Institut Polytechnique de Paris - CNRS - Centre National de la Recherche Scientifique)

  • Marie Le Pellec-Dairon

    (CRG - Centre de recherche en gestion - X - École polytechnique - IP Paris - Institut Polytechnique de Paris - CNRS - Centre National de la Recherche Scientifique)

Abstract

Whereas exploration projects stand as important drivers in renewing the assets of the firm and creating new business opportunities, it is well recognized that project evaluation and value management methodologies are likely to kill them. This paper provides elements to solving this paradox. We rely on a longitudinal study of three exploration projects and the projects conducted afterward in the automotive and space industries. The analysis suggests that the value creation process can be regarded and managed as a dual process of potential value creation and value realization. This paper discusses the linkages with existing practices and theories.

Suggested Citation

  • Rémi Maniak & Christophe Midler & Sylvain Lenfle & Marie Le Pellec-Dairon, 2014. "Value Management for Exploration Projects," Post-Print hal-01500294, HAL.
    • Handle: RePEc:hal:journl:hal-01500294
    DOI: 10.1002/pmj.21436
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    Citations

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    Cited by:

    1. Ludovic-Alexandre Vidal & Franck Marle & Mathieu Dernis, 2021. "Modeling and Estimating Host Country Values in International Projects to Facilitate In-Country Value Creation," Sustainability, MDPI, vol. 13(10), pages 1-21, May.
    2. Paris Chrysos, 2015. "Value Care: Managing The Emerging. The Case Of Developer Support Forums," Post-Print halshs-01584767, HAL.
    3. Khalifa Mohammed Al-Sobai & Shaligram Pokharel & Galal M. Abdella, 2020. "Perspectives on the Capabilities for the Selection of Strategic Projects," Sustainability, MDPI, vol. 12(19), pages 1-20, October.

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