Nonetheless considering all respondents met the overall feature they qualified

Nonetheless considering all respondents met the

This preview shows page 70 - 72 out of 106 pages.

Nonetheless, considering all respondents met the overall feature, they qualified as start- ups and were adequate subjects for the study. 6.2 Project-Management in Start-Ups The empirical findings related to the PM of start-ups was interesting and provided a unique perspective of how projects are managed in Balkan start-ups, which can easily be translated to other countries with similar political and economic profiles. Firstly, the experience of the start-up founders with projects prior to the founding of their start-up ranged, which was evident in their understanding of PM theory and practices. It is apparent that PM education is not a very developed or popular field of study in Balkan
62 institutions or organizations, considering none of the respondents mentioned receiving formal education in the field. Even those who had academic backgrounds in management, did not specifically name project management as a field of previous study. Yet, despite no formal education, multiple respondents had experience in projects of various sizes which is to be expected considering the numerous number of projects run in BiH and Kosovo by international organizations such as the EU, USAID, Red Cross and so forth. Foreign aid is not uncommon in countries such as these, therefore it becomes apparent that any project experience gained comes from outside the country and indicates a need for more formal education and training, a factor which can undoubtable influence project success and again presents an area of interest for future research. This also likely affected why multiple respondents initially claimed not to apply a project- based view to their start-up, citing that the temporary characteristic of a project was a feature they did not want to associate with their project. A limited view of projects and PM in terms of ‘something that comes to an end’ shows why many start -ups may be hesitant towards applying a project-based view to their organization. However, upon further discussion with respondents it became apparent that every one of the start-ups applied PM to their organization in one way or another, oftentimes causing the respondent themselves to realize they did in fact apply a project-based view. This comes as little surprise, considering one of the biggest issues entrepreneurs have in assuming a project- based view of a start-up is the concept of termination. The literature has discussed and debated this in detail, whereby the basis of EPM is not viewing an organization as one with a termination date, but by viewing the start-up phase as temporary and therefore applying a project-based view to this phase alone (Lindgren & Packendorff, 2003; Lindgren & Packendorff, 2011; Kuura, Blackburk and Lundin, 2014). Interestingly enough one respondent confirmed this perspective, mentioning that their start-up was in fact run as a project. However as the organization grows and subsequently moves out of the start-up phase the project-based view is less relevant since operational activities become more normalized. Only one respondent maintained that they did not

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture