Publication

The Approach of Utilizing Innovative Sustainable Project Management for Value Creation: A Literature Review

Climate Change
Innovative Sustainable Project Management
Sustainability
Value Creation
2022
R. ZHANG ,

2022, International Journal of Management and Applied Science, 8(9), pp.49-55

Abstract

Nowadays, environmental issues have attracted attention in various fields. The rise of global temperature means humanity must take note of environmental protection and the Sustainability of different domains. Since the 17 Sustainable Development Goals (SDGs) were officially set by the United Nations in 2015, sustainability has become a theme of world concern, which is the main focus and trend in the 21st century. However, it is no doubt that the COVID-19 crisis has been sweeping all over the world since March 2020. The crisis hasbeen the swiftest, longest duration, and most severe economic shock of the world in modern times, it has significantly impacted different industries worldwide. Moreover, mandatory shutdowns and social restrictions have challenged the traditional business ways that force to be a digital transformation in order to adapt to consumers' behaviors. Since all industries are suffering from environmental problems now, sustainability is one of the paths that all industries should take. Furthermore, with the advent of the Internet and the 5G era, innovation and technology are playing critical roles inSustainable ProjectManagement(SPM) and business development, Innovative Sustainable Project Management(ISPM)which is a new concept the paper proposed is necessarily implemented to help companies create more value, and to better adapt to the trend of ecological diversification. Therefore, the paper aims to provide an in-depth understanding of the new concept ofISPM which is addressed by a theoretical framework and a systematic literature review, and highlights how the ISPM model helps companies achieve value creation and propose avenues for future research.