Project management within the framework of the concept ofsustainable development: challenges and problems

Focusing on the concept of sustainable development entails new challenges and problems that may arise during project management. The purpose of this study is to identify these key challenges and problems in accordance with the principles of the sustainable development. The research object is the possibility of integrating the concept into methodology of the project management. The subject is the challenges and problems that arise during the process under study. The methodological basis is neoinstitutionalism – the research analyses the existing normative and formal rules for the implementation of the sustainable development agenda in the project management. The research methods include analysis of the existing regulatory framework as well as an expert interview with project managers at Russian enterprises. As a result of the study, key problems related to the insufficient competencies of the project managers in the field of the sustainable development have been identified. The inclusion of the sustainable development concept in the project management will lead to complication of the project management in general, as it implies additional analysis of environmental, social, and economic factors of the impact of the project and its product on the environment.

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