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The Effect of Interaction between Project Manager's Capabilities and Organizational Structure on Corporate Performance

프로젝트 관리자의 역량과 조직형태의 상호작용이 기업성과에 미치는 영향

  • Seong-Il Lee (School of Business, Hanyang University) ;
  • Seung-Chul Kim (School of Business, Hanyang University) ;
  • Minjeong Oh (Global Elite Division, Yonsei University) ;
  • Sung-Yong Choi (School of Business, Hanyang University)
  • 이성일 (한양대학교 경영대학) ;
  • 김승철 (한양대학교 경영대학) ;
  • 오민정 (연세대학교 글로벌엘리트학부) ;
  • 최성용 (한양대학교 경영대학)
  • Received : 2024.08.06
  • Accepted : 2024.08.26
  • Published : 2024.09.30

Abstract

In today's rapidly changing business environment, rapid decision making and effective project management are essential for business growth. This study examines how project manager competencies and organizational structures affect business performance. Successful project execution depends on the strategic use of project managers' skills and organizational resources to maximize performance. An empirical study was conducted with 475 participants from the construction and engineering sectors. The applied analyses included multiple regression analysis and two-way ANOVA to assess how project manager competencies and organizational types affect business performance. The results of the study show that project manager competencies significantly improve business performance, especially when combined with appropriate organizational types. Effective use of organizational frameworks leads to better financial results, increased market competitiveness, and greater innovation. The results of the study are as follows: First, project manager competencies were found to have a significant positive effect on business performance. Second, the use of functional, project, and matrix organizations had a significant positive effect on business performance. This suggests that aligning organizational structures with business objectives is important for achieving optimal performance. Overall, this study provides valuable insights into the academic literature and practical applications of project management and organizational research. In addition, if we can select organizational members based on the learning effects of previous projects when operating new projects in the future, it will help reduce risks. Ultimately, it will improve the project manager's competency level, promote the individual abilities and knowledge sharing of team members, and provide opportunities for the company to build efficient new systems. This will be evaluated as a valuable study in terms of academic and practical productivity.

Keywords

Acknowledgement

This work was supported by the research fund of Hanyang University (HY-202300000003621).

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