ARTICLES

 

Addressing the need for a Clean Development Mechanism (CDM) specific project management strategy

 

 

Marco Lotz^I; Alan Brent^II; Herman Steyn^I

^IGraduate School of Technology Management, University of Pretoria
^IIGraduate School of Technology Management, University of Pretoria, Resource Based Sustainable Development, Natural Resources and the Environment, CSIR

 

 

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ABSTRACT

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.

JEL Q51; 52; 58

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