Sustainable Project Management Methods and Techniques for...

1. Introduction Businesses today are increasingly integrating sustainability into their strategy- not just only to minimize potential loses but to access the opportunities that are arising from the sustainable agenda. Sustainability can provide many benefits to institutions and corporation, from cost savings and increase efficiency to positive reputation and revenue growth. According to a recent McKinsey survey over 70% of CEOs view sustainability as a priority on their agendas and 57% percent say their companies have integrated sustainability into strategic planning as important consideration for managing corporate reputation and brands. If organizations want to incorporate sustainability into their strategy and culture,†¦show more content†¦Sustainable waste management can bring financial benefits to business by reducing the cost of dealing with the impact of the damage to the environment degradation; with regards to resource use, the focus is on efficiency. The less materials they are use, the greater the positive environmental impact. This also applies to human resources and time management. Minimizing waste has also positive financial effects because it drives costs down. Efficient use of resources and time is a vital part of project management, it has been suggested (Maltzman, Shirley 2011) that the discipline of project management alwa ys has been concerned on how to efficiently use resources even if that concern did not come from a sustainability background. Good project managers will always try to reduce cost and use resources in the most efficient manner. The only thing that is missing is to add that environmental layer to it. As Gill Friend clearly outline on his book The Truth About Green Business (2009) that sustainable business are not just about the environment, it presents a whole new way of seeing business and it brings a new range of direct opportunities to make money. There is an increasing social interest on sustainability; therefore, there is an increasing demand on products and services that take sustainability into account. 2.2 Social drivers TheShow MoreRelatedCorporate Finance, Investment Banking And Risk Management1676 Words   |  7 PagesHaving a great interest in Corporate Finance, International Financial Markets and Institutions, Advanced Financial Management, Small Business Finance, Investment Banking and Risk Management, I have decided to devote my academic and future professional career to this field. 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