South African Journal of Economic and Management Sciences
On-line version ISSN 2222-3436
Print version ISSN 1015-8812
LOTZ, Marco; BRENT, Alan and STEYN, Herman. Addressing the need for a Clean Development Mechanism (CDM) specific project management strategy. S. Afr. j. econ. manag. sci. [online]. 2009, vol.12, n.2, pp.228-241. ISSN 2222-3436.
Clean Development Mechanism (CDM) projects have additional technical, financial and regulatory requirements that are not fully addressed by classic project management approaches. Research has been done on individual novel concepts of the CDM, like additionality, but little has been achieved to address an overall CDM project management approach. CDM and project management literature were reviewed and the South African CDM Industry Association was used as a case study to gain insight into an appropriate CDM specific project management strategy. A stage-gate model was subsequently derived to align classic project management approaches with the additional requirements of CDM projects. Further research will, in time, determine the completeness and practicability of the proposed model.