An Empirical Study on Power Evacuation Projects' Performance: A Strategic Layout in the Indian Context. (March 2020)

• Record Type: Journal Article
• Authors: Garg, Adarsh; Ghatak, Achintya
• Is Part Of: Asia-Pacific journal of management research and innovation. Volume 16:Number 1(2020)
• Page Start: 31
• Page End: 42
• Publication Date: 2020-03
• Subjects: Critical influence factors (CIFs) -- power evacuation (PE) projects -- strategy -- right of way (ROW) -- erection -- procurement -- and construction (EPC) contractors; Industrial management -- India -- Periodicals; Industrial management -- Periodicals; Commerce -- Periodicals; Business enterprises -- India -- Periodicals; India -- Commerce -- Periodicals; 330.0954
• DOI: 10.1177/2319510X19891665
• Languages: English
• ISSNs: 2319-510X

Abstract

In a competitive business environment, project management aligned with the business strategy caters to the organisation goals. Researchers and practitioners are constantly probing into the possible enhancement of the existing approaches to manage projects. Though the relevant literature recommends numerous methodologies to enhance the achievement of project performance, yet the importance of power evacuation projects is still unnoticed and little has been done in this area. This research aims to develop a strategic layout using critical influence factors (CIFs) of power evacuation projects. A survey is carried out in 47 companies which are working on power evacuation projects. The results of the statistical analysis revealed that there is a significant direct and indirect impact of the strategy, risk, contract, information technology (IT) and stakeholders on the project performance with respect to power evacuation projects.