The integration of an ESG framework into a for-profit organization can be a complex and challenging task. It requires a significant shift in the company’s culture, values and operations to incorporate ESG considerations into its decision-making processes. But the benefits can pay dividends in the long run.
Find answers to these questions and more in this Sustainability Practice Area. If you are new to Sustainability, take advantage of the resources below and don't be shy about commenting or asking questions. If you're a seasoned pro, help others out and become an influencer. We welcome contributions from all sources and the more you participate, the more visible you become. Let us help you move down the road from "giver of sage advice" to "Thought Leader".
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Sustainability has become a key parameter for organizations and this means that projects and operations have to be planned and implemented with this objective. At the project level it may be difficult to bring in sustainability initiatives because often times the scope of the project is already determined or it is contractual. To get a sustainability perspective one has to consider it beyond a project outcome and further this needs to be addressed by senior management. Therefore, an organizational level approach would be more appropriate.
Sustainability has become a key parameter for organizations and this means that projects and operations have to be planned and implemented with this objective. At the project level it may be difficult to bring in sustainability initiatives because often times the scope of the project is already determined or it is contractual. To get a sustainability perspective one has to consider it beyond a project outcome and further this needs to be addressed by senior management. Therefore, an organizational level approach would be more appropriate.
In 2022, the Project Management Institute released its most recent Global Megatrends report, identifying six dynamic forces predicted to impact and influence the way we manage projects, do business and live as a global society. Beyond comprehending the implications of each trend, project professionals are being challenged to help devise and implement value-oriented solutions that will ensure organisational sustainability. Part of this revolves around Diversity, Equity, Inclusion and Belonging (DEIB), and how they benefit organisations of all kinds.
Recycling or Recovery has been in vogue for the last two or three decades as a means to save the environment and many organizations , communities and countries have embraced it as priority But is this enough ? How do Repairs / Refurbish or Reuse / Repurpose compare with recycling /recovery? This becomes one step before and can be prevent large quantities of materials going to the final destination i.e. the landfill.
Organizations are genuinely pushing for more sustainable business models because it delivers benefits, and it is the right thing to do. The shift offers financial and competitive value to businesses that make environmental, social, governance and sustainability a priority at all levels of an organization.
“Net Zero” has become a buzz word today. It importance and initiatives related to it cannot be underestimated. Organizations, businesses and governments are all into it and every effort is being made to thwart the potential problems due to climate change, now and in future. What is Net Zero? And how does it impact the project management profession? This is the subject of this talk. In particular we will deliberate on the following: 1. Understanding Net Zero - the basics & current status 2. Reasons, benefits and challenges 3. Agreements & Commitments 4. Net Zero projects - Domains / Industries - Examples 5. Opportunities for project professionals
Bringing a sustainable future into our grasp relies upon the successful execution of thousands of well-conceived projects. Project management and project leaders are critical in achieving more sustainable practices. Executives must provide them with more flexibility in managing projects, moving past the traditional “iron triangle” of project management — managing time, budget, and quality. Sustainability cannot be achieved simply through rigid planning and traditional project targets. Project managers must be unleashed to reach these goals innovatively. CEOs should empower a new kind of sustainability-focused project manager to lead organizational transformation. The Project Management Office (PMO) can play an important role when analyzing new project ideas. It should develop new guidelines for sponsors and managers to increase the focus of their projects on such sustainable outcomes and benefits.
On the road towards a sustainable future, one of the topics which finds frequent mention is the circular economy. This requires that we look at initiatives with a total and holistic perspective. This applies to project professionals as well. How do we as project managers reconcile between project as a temporary endeavor with a circular economy which is essentially long-term and operational in nature? How can we contribute towards and benefit from this economic activity? This talk will deliberate on understanding the opportunities and challenges of a circular economy and what it presents for project professionals. It will help in further exploring our roles in our projects, organizations and society. Examples and case studies will be included to give a picture of current happenings.
The Project Manager’s Sustainability Checklist is a tool used to aid the project manager and project team in addressing sustainability factors for all areas of the project. This checklist is specifically designed to help meet sustainability needs that project teams and project managers face. This checklist can be considered a template to be modified by an organization, or even by a project team, as needed.
The central finding of this report is that organizations have adopted sustainability strategically and are executing sustainability initiatives, but their project managers do not have the resources they need to competently manage this process. Their challenges range from project methodology gaps to specific needs in achieving organizational change. This report was not produced or vetted by the PMI Market Research Team. It reflects the results of a survey conducted by leading members of the ProjectManagement.com community who are concerned about project management sustainability.
Environmental, social and governance issues are in sharp focus right now. If your organization isn’t doing enough, challenge them to do more. Help is available.
In the wake of mounting environmental challenges and social expectations, organizations worldwide have recognized the significance of integrating environmental, social and governance (ESG) principles into their operations. This easy-to-apply framework can help.
As chief sustainability officers become more common, they increasingly have the ability to shape how work gets done and performance gets measured. But what does their relationship with project delivery need to look like?
Having a long-term vision and strong project management is essential for nations to develop. However, only a handful of countries have been successful at it. Here we examine some that have embraced a visionary approach—and why others haven't.
Project management for Arctic infrastructure presents unique challenges, including transportation, accommodations, supply chain issues...and polar bears. The need is great and the resources are few—but the rewards are unique and fulfilling.
A recent survey noted that two-thirds of executives believed that the pandemic acted as a catalyst for a renewed focus on environmental, social and governance initiatives and social impact. Against this backdrop, PMI has launched the ESG Resource Hub featuring a new research report and other useful tools.
The climate crisis is a prime example of a Grand Challenge, one with an increasing urgency that needs to be addressed. Up to now, project management as a profession has been key for “getting things done,” and as such is likely to be part of the solution for climate change. But it may not be a straightforward process.
With more than 10 years of being on the scene, it is safe to say that “Green PM” is not just a passing fad. The following tips and best practices might be helpful in your efforts to instill green thinking into your project.
Our recent work-from-home mandate has accelerated the transition to the electronic cottage, and maybe some of Alvin Toffler’s other predictions about changes to work and society will also come true. What does this mean for project managers?
The changing nature of competitive advantage has one constant—the trust and comfortability of products and services to consumers garnered by the value propositions that accumulate throughout the years, referred to as cumulative advantage. Discover tactics to build cumulative advantage and how they align with your project delivery strategy.
The truly successful organizations that end up embracing the principles of quality management and reap sustainable benefits do so by taking a more evolutionary approach. They sow seeds that are allowed to take deep root within the culture of the organization—while also harvesting benefits quickly.
To be successful, an individual or organization must open their minds about what may be possible in the near term—but perhaps has absolutely no tie to the past whatsoever. This is especially the case when it comes to the seemingly unlimited possibilities of new technologies that are beginning to emerge.
When project disaster strikes, we probably aren't overly prepared for it. And the question then becomes what to do about it. What follows is one expert's best guidance about what to do when disaster strikes—and how to appropriately manage in the face of impending challenge.
Given the strength and wide adoption of the COBIT framework, can it be adapted and modified to address sustainability issues in IT-based projects?
Sustainability is important for the planet. If it isn’t as important for our employer, do we have to do something about that? Should we try to become a conscience for our employer, at least as far as the project we are managing is concerned?
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"The most exciting phrase to hear in science, the one that heralds new discoveries, is not Eureka! (I found it!) but rather, 'hmm.... that's funny...'" - Isaac Asimov |
