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Human capital of an organization as a Driver of improving Project management

https://doi.org/10.26794/1999-849X-2022-15-6-45-54

Abstract

The subject of the study is the human capital of an organization in the form of the competencies of its individual representatives. The purpose of the work is to determine the dependence of successful project management on the level of human capital development of the organization and its individual representatives. It is established that the successful work of an organization depends not only on its capital, but also on the development strategy and methods of its implementation. One of the main methods of implementing an organization’s strategy is project management, for the qualitative implementation of which it is necessary to have employees with appropriate competencies.
The article discusses the results of a study conducted by the national Association of project Management “SOVNET” to identify the most important key indicators for the elements of the competence “PEOPLE”. It is established that the manager must demonstrate openness and responsibility in interacting with people on whom the magnitude of the human potential of the organization depends. According to the results of a survey of managers and employees of small and medium-sized businesses to determine the level of openness of communications in organizations and the quality and comfort of interaction of their employees, the relationship between them and the human capital of the organization was revealed. A trend has been established that shows the correlation of the inverse dependence of a weak level of responsibility and openness on the development of the organization’s human capital. The dependence of openness and responsibility in matters of interaction with people on the level and quality of human capital development of the organization is traced. Conclusions are drawn about the correlating direct dependence of the growth of the level of responsibility and openness on the increase in the level of development of the human capital of the organization, as well as the need and possibility of improving the quality of project management due to the growth and development of the human capital of the organization.

About the Author

S. А. Polevoy
Financial University
Russian Federation

Sergey A. Polevoy — Dr. Sci. (Technical), Assoc. Prof., Prof. Department of Management and Innovation

Moscow



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For citations:


Polevoy S.А. Human capital of an organization as a Driver of improving Project management. Economics, taxes & law. 2022;15(6):45-54. (In Russ.) https://doi.org/10.26794/1999-849X-2022-15-6-45-54

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ISSN 1999-849X (Print)
ISSN 2619-1474 (Online)