GPM P5 Framework for Sustainability in Project Management vs. in Business Practice
Ts Dr Norsaidatul Mazelan
Founder - MD of Think Plus Group of Companies (Think Plus Consulting, Think Plus Academy, Sustainable Business Network Association Malaysia)
Sustainability has become increasingly important in both project management and broader business practices. The GPM P5 Standard provides a framework for integrating sustainability considerations into both areas (Abangbila et al., 2020).
Applying GPM P5 to Project Management
The GPM P5 framework offers a structured approach for incorporating sustainability principles into all phases of a project's lifecycle (Silvius, 2021) (Silvius & Schipper, 2014). Project managers play a crucial role in driving sustainable practices by influencing decision-making and prioritising sustainability throughout the project (Borg et al., 2020).
The GPM P5 framework emphasises the need to consider the long-term sustainability of project outcomes, extending beyond the project's completion (Abangbila et al., 2020). This includes evaluating the environmental, social, and economic impacts of the project's deliverables and their ongoing operation.
Incorporating sustainability into project management can present challenges, such as adapting organisational routines and developing new models to support sustainable practices (Abangbila et al., 2020). However, research indicates that adopting the GPM P5 framework can lead to significant benefits, including:
Applying GPM P5 Framework to Business Practice
Businesses are increasingly recognising the importance of sustainability and are integrating it into their corporate strategies, communication, and operations. The GPM P5 framework provides a foundation for businesses to align their sustainability efforts with their project management practices.
By applying GPM P5 principles to their business models and operations, companies can work towards developing more sustainable and responsible practices.
Key Differences
Scope: Focuses on integrating sustainability principles into the lifecycle of individual projects.
Focus: Emphasises the environmental, social, and economic impacts of individual projects.
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Key Considerations: Select sustainable materials and technologies. Minimise environmental impact during construction and operation. Consider the social and economic well-being of local communities. Ensure the long-term sustainability of project deliverables.
2. Sustainability in Business Practice
Scope: Applies sustainability principles to all aspects of an organisation's operations.
Focus: Aim to ensure that the entire business, not just individual projects, operates in a sustainable manner.
Key Considerations: Corporate social responsibility (CSR) initiatives. Ethical sourcing and supply chain management. Environmental policies and regulations. Stakeholder engagement and communication.
In essence:-
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