PROJECT MANAGEMENT METHODOLOGY IN THE PUBLIC AND PRIVATE SECTOR: THE CASE OF AN EMERGING MARKET

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Abstract

Application of project management methodologies in different countries is varied. The preference of a particular methodology largely depends on the specific features of a project management system in use. The aim of the paper is to draw the attention of project-involved readers to the need to develop, not a guide, but a specific project management methodology for projects in the public-private sector. The objective pursued by the paper is to provide useful recommendations for improving the existing methodologies on project management in the public-private sector. Kazakhstan’s experience in implementing project management methodologies in its public sector is sporadic while its private sector uses of modern methodologies build on external investor proven practices. At the background of the low exposure of the public sector to the best of project management methodologies, the paper reviews existing international project management methodologies and develops useful recommendations on the methodology, most suitable for a developing country’s public-private sector, on Kazakhstan’s example.

Keywords: Project Management Methodology, Public-Private Partnerships (PPP) Projects, Specificities Of The Developing Country PPPs

Received: 12.11.2016

Accepted: 20.12.2016

How to cite this paper: Oinarov, A., & Eshimova, D. (2017). Project management methodology in the public and private sector: The case of an emerging market. Journal of Governance and Regulation, 6(1), 26-37.
https://doi.org/10.22495/jgr_v6_i1_p3