Project Management Institute

Shared human capital in project management

a systematic review of the literature

From the viewpoint of project success, the importance of human capital in projects cannot be overemphasized. Despite this statement, previous studies have only explored some segments of human capital in projects (e.g., commitment or trust). The aim of this study is to gather studies on the concept of human capital in project management and create an aggregating concept of recent studies. Two essential themes are explored in this study: (1) project culture as foundation for human capital, which included employee well-being, trust, interaction, and knowledge sharing; and (2) project manager at the center of human capital, which included emotional intelligence, leadership styles, learning and improvement, and critical incidents and coping methods in stressful situations. We report and discuss the findings from a systematic review of the research literature. The literature reviewed included 14 articles published over the last 4 years that were all empirical studies.
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