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<article article-type="research-article" dtd-version="1.3" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xml:lang="en"><front><journal-meta><journal-id journal-id-type="publisher-id">ecr</journal-id><journal-title-group><journal-title xml:lang="en">Strategic decisions and risk management</journal-title><trans-title-group xml:lang="ru"><trans-title>Стратегические решения и риск-менеджмент</trans-title></trans-title-group></journal-title-group><issn pub-type="ppub">2618-947X</issn><issn pub-type="epub">2618-9984</issn><publisher><publisher-name>Real Economy Publishing House</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.17747/2618-947X-2021-1-92-101</article-id><article-id custom-type="elpub" pub-id-type="custom">ecr-936</article-id><article-categories><subj-group subj-group-type="heading"><subject>Research Article</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="ru"><subject>Статьи</subject></subj-group></article-categories><title-group><article-title>IN SEARCH OF EXCELLENCE IN SOCIAL ENTREPRENEURSHIP PROJECT MANAGEMENT: EXPERIENCE AND STANDARDS OF THE EUROPEAN UNION</article-title><trans-title-group xml:lang="ru"><trans-title>В ПОИСКАХ СОВЕРШЕНСТВА В УПРАВЛЕНИИ СОЦИАЛЬНО-ПРЕДПРИНИМАТЕЛЬСКИМИ ПРОЕКТАМИ: ОПЫТ И СТАНДАРТЫ ЕВРОПЕЙСКОГО CОЮЗА</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author" corresp="yes"><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Катунина</surname><given-names>И. В.</given-names></name><name name-style="western" xml:lang="en"><surname>Katunina</surname><given-names>I. V.</given-names></name></name-alternatives><bio xml:lang="ru"><p>Доктор экономических наук, доцент, профессор кафедры менеджмента и маркетинга, ФГБОУ ВО «Омский государственный университет им. Ф.М. Достоевского». Область научных интересов: управление проектами, управление изменениями и организационным развитием.</p></bio><bio xml:lang="en"><p>Doctor of economic sciences, associate professor, professor of management and marketing department, Dostoevsky Omsk State University. Research interests: project management, organization change and development.</p></bio><email xlink:type="simple">i.v.katunina@gmail.com</email><xref ref-type="aff" rid="aff-1"/></contrib><contrib contrib-type="author" corresp="yes"><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Фомина</surname><given-names>Ю. А.</given-names></name><name name-style="western" xml:lang="en"><surname>Fomina</surname><given-names>Yu. A.</given-names></name></name-alternatives><bio xml:lang="ru"><p>Кандидат экономических наук, доцент, доцент кафедры менеджмента и маркетинга, ФГБОУ ВО «Омский государственный университет им. Ф.М. Достоевского». Область научных интересов: социальное предпринимательство, устойчивое развитие, управление устойчивостью.</p></bio><bio xml:lang="en"><p>Candidate of economic sciences, associate professor, associate professor of management and marketing department, Dostoevsky Omsk State University. Research interests: social entrepreneurship, sustainable development, sustainability management.</p></bio><email xlink:type="simple">Fomina-u-a@yandex.ru</email><xref ref-type="aff" rid="aff-1"/></contrib></contrib-group><aff-alternatives id="aff-1"><aff xml:lang="ru"><institution>ФГБОУ ВО «Омский государственный университет им. Ф.М. Достоевского»</institution><country>Россия</country></aff><aff xml:lang="en"><institution>Dostoevsky Omsk State University</institution><country>Russian Federation</country></aff></aff-alternatives><pub-date pub-type="collection"><year>2021</year></pub-date><pub-date pub-type="epub"><day>04</day><month>08</month><year>2021</year></pub-date><volume>12</volume><issue>1</issue><fpage>92</fpage><lpage>101</lpage><permissions><copyright-statement>Copyright &amp;#x00A9; Katunina I.V., Fomina Y.A., 2021</copyright-statement><copyright-year>2021</copyright-year><copyright-holder xml:lang="ru">Катунина И.В., Фомина Ю.А.</copyright-holder><copyright-holder xml:lang="en">Katunina I.V., Fomina Y.A.</copyright-holder><license license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>This work is licensed under a Creative Commons Attribution 4.0 License.</license-p></license></permissions><self-uri xlink:href="https://www.jsdrm.ru/jour/article/view/936">https://www.jsdrm.ru/jour/article/view/936</self-uri><abstract><p>The development of social entrepreneurship has required new effective management approaches and tools. The authors refer to European experience and standards in the field of project management in order to develop a methodological approach to organizing project management for achieving the outstanding results in social entrepreneurship projects.</p><p>The article presents the results of the quasi-experiment aimed to identify differences in the achieved results among projects using the European PM2 methodology and projects carried out within the PMI methodology. The assessment technique developed by the authors is based on EFQM model.</p><p>No significant difference among the project results in the experimental and control groups has been found, which indicates the importance of applying the project management methodology, regardless of its origin. By clustering project results, it was found that projects adapted the European methodology were more focused on strategic development and integration into the ecosystem on the principles of long-term cooperation, while the projects of the control group paid more attention to the effective organization and coordination of processes, resources and activities.</p></abstract><trans-abstract xml:lang="ru"><p>Развитие социального предпринимательства потребовало новых эффективных управленческих подходов и инструментов. Авторы обращаются к европейскому опыту и стандартам в области управления проектами с целью разработки методологического подхода к организации управления проектами для достижения выдающихся результатов в проектах социального предпринимательства.</p><p>В статье представлены результаты квазиэксперимента, цель которого – выявление различий в достигаемых результатах проектов, применяющих европейскую методологию PM2, и проектов, выполненных в рамках методологии PMI. Для оценки результатов проектов использовалась авторская методика, разработанная на основе европейской модели EFQM.</p><p>Значимого различия в интегральной оценке результатов проектов в экспериментальной и контрольной группах не обнаружено, что свидетельствует о важности применения методологии управления проектами вне зависимости от ее происхождения. При помощи кластеризации результатов проектов было установлено, что проекты, адаптировавшие европейскую методологию, в большей степени сосредоточены на стратегическом развитии и интеграции в экосистему на принципах долгосрочного сотрудничества, в то время как проекты контрольной группы больше внимания уделяли эффективной организации и координации процессов, ресурсов и взаимодействия.</p></trans-abstract><kwd-group xml:lang="ru"><kwd>управление проектами</kwd><kwd>методология управления проектами</kwd><kwd>европейская методология управления проектами PM²</kwd><kwd>социальное предпринимательство</kwd><kwd>совершенство</kwd><kwd>модель EFQM</kwd></kwd-group><kwd-group xml:lang="en"><kwd>project management</kwd><kwd>project management methodology</kwd><kwd>European project management methodology PM²</kwd><kwd>social entrepreneurship</kwd><kwd>excellence</kwd><kwd>EFQM model</kwd></kwd-group></article-meta></front><body><sec><title>1. INTRODUCTION</title><p>The modern economy of the social sphere is characterized by the emergence of new economic models of business entities [Pache, Santos, 2013; Doherty et al., 2014]. Social entrepreneurship, being aimed at solving social and environmental problems, doesn’t look for making a profit. At the same time, managerial efficiency and economic sustainability are not only denied, but seem to be the key to the success of the project in this area [Alberti, Varon Garrido, 2017]. This served as the impetus for the transfer of management models that have worked well in the commercial sector into the field of social entrepreneurship. In this regard, an appeal to the project management methodology for the implementation of social entrepreneurial projects [Lannon, 2019; Malsch, Guieu, 2019] seems logical.</p><p>The purpose of our research is to develop a methodological approach to organizing project management in order to achieve outstanding results in social entrepreneurship projects based on European experience and standards. The reference to the experience of the EU countries is conditioned by two circumstances.</p><p>First, the European Union has a wealth of experience in both social entrepreneurship and project management. In the EU countries, social entrepreneurs, social enterprises and their ecosystems have proven their ability to influence economic resilience, solving social problems and environmental issues.</p><p>The so-called new PM² project management methodology developed by the European Commission [The PM2 Project .., 2018] is characterized as affordable and easy to use, in contrast to traditional "heavyweight" methodologies. Analysis, selection and adaptation to Russian conditions of successful practices of European project management methodology can become an important competitive advantage of a social enterprise.</p><p>Secondly, the focus of our research is focused on the formation of a methodological approach to project management aimed at achieving excellence in the subject area. “Excellence” in business, entrepreneurship, projectmanagement is one of the most recognized concepts [Toma, Marinescu, 2018; Escrig-Tena et al., 2019], which can provide the ability to achieve long-term and sustainable success, focusing on the coherence and harmonious functioning of all organizational systems. The European Foundation for Quality Management proposed the EFQM1, Business Excellence Model in 1991, which has since been updated several times. In our work, we relied on its latest version (November 2019) with the aim of developing a toolkit for conducting an empirical study of social entrepreneurial projects and conceptualizing the results obtained.</p><p>The article is structured as follows. First, we presented the general theoretical framework used in the article: modern ideas about social entrepreneurship and project management, models of excellence and their contribution to the development of management science. Further, the research methodology and the results of the empirical research are presented. Finally, we provide directions for future research and conclusions.</p></sec><sec><title>2. LITERATURE REVIEW</title><p>In a broad sense, social entrepreneurship is a form of implementation of social services and positive social change aimed at improving conditions, livelihoods and living standards of both the population and entire ecosystems. In the scientific literature, social entrepreneurship is considered as one of the types of entrepreneurship, which has both common characteristics for this class of objects, and a number of specific features [Mair, Noboa, 2005; Dees, Anderson, 2017], the main of which is the implementation of the social mission [Dees, Anderson, 2017; Muñoz, Kimmitt, 2019].</p><p>Traditionally, enterprises of the non-profit sector were considered as the main objects of social entrepreneurship [Stecker, 2014]. However, with the development of humanitarian ideas about society, the area of social entrepreneurship has become embraced by both the public and private sectors [McMullen, 2011]. Scientists today talk about the blurring of institutional boundaries between these three sectors and the formation of hybrid forms [Austin et al., 2006, Tracey et al., 2011; Doherty et al., 2014; Stecker, 2014; Morales et al., 2021]. Moreover, it is argued that such hybrids can significantly increase the efficiency of the distribution and use of the resources of charitable foundations [Dees, Anderson, 2017].</p><p>Finally, the most important characteristic of modern social entrepreneurship is the hybridity of the applied business models [Pache, Santos, 2013; Doherty et al., 2014; Stecker, 2014], combining a proactive search for sources of external funding and the formation of economically sustainable and scalable models for the implementation of innovative projects in the social sphere.</p><p>The basic project management methodologies set out in the relevant standards. A project is understood as a unique set of interrelated targeted activities aimed at creating a product or service in the context of specified requirements and constraints2. Thus, for the purposes of this study, a project in the field of social entrepreneurship will be considered as an entrepreneurial activity pursuing a social mission and having the attributes inherent in the project (purposefulness, limited time and resources, uniqueness, need for a time structure).</p><p>Project management has gone from a specific tool applicable to solving a certain class of problems to one of the basic management methodologies required for a successful business [Pollack, Adler, 2016; Musawir et al., 2017]. Several studies [Brady, Davies, 2004; Ethiraj et al., 2005] found that a company's design capabilities are central to competitive advantage. Thus, the research focus has shifted from the level of the individual project to the level of organization [Söderlund, 2005; Crawford, 2006], developing the concepts of organizational project management3, organizational competence in project management4, project management maturity [Grant, Pennypacker, 2006; Görög, 2016].</p><p>The current stage of project management development is characterized by the expansion of the subject field due to the best practices of other areas of management and "paradigmatic, thematic and methodological diversity" [Padalkar, Gopinath, 2016] methodologies that combine cascading and flexible models, best practices and methodological development of basic standards. This trend can be traced in the development of the European project management methodology, which generalizes and greatly simplifies the classical project management methodologies, thus presenting a simple actionable guide. PM² incorporates elements from a wide range of generally accepted project management principles and Agile best practices, project management standards and methodologies such as PMBOK, PRINCE2®, IPMA-ICB. The developers of the standard assert [The PM2 Project .., 2018] that this methodology is suitable for any type of project, providing a standard model of project lifecycle management, a set of management actions, principles and work patterns, as well as a set of effective solutions for project teams.</p><p>Despite the widespread use of project management methods and practices, the topic of project success remains quite acute [Mir, Pinnington, 2014; McClory et al., 2017; Musawir et al., 2017; Turner, Xue, 2018;]. It led to a significant amount of research related to the implementation of excellence models in project activities [Scheiblich et al., 2017; McGrath, Whitty, 2020] and social entrepreneurship [Lannon, 2019].</p><p>The theme of business improvement strategies as a key element of business philosophy, formulated in the pioneering work of Thomas Peters and Robert Waterman [Peters, Waterman, 1982], has spawned a significant number of successful business models [Laihonen, 2015], and performance measurement has become a subject of interest in the business literature. [Kanji, 2002; Bou-Llusar et al., 2009].</p><p>The European EFQM model is widely used as a diagnostic assessment tool and as a basis for developing improvement strategies. Despite some uncertainty in the evaluation criteria noted by scientists [Daniel et al., 2019], the benefits of using the EFQM model are confirmed by the results of empirical studies [Boulter et al., 2013; Calvo-Mora et al., 2015; 2018].</p><p>The above discussion leads to the following research questions. What are the best project management practices that drive excellence in social entrepreneurship? What are the differences in the achieved results of projects using European project management practices and projects carried out within the framework of other well-known methodologies?</p></sec><sec><title>3. RESEARCH METHODOLOGY</title><p>The exploratory nature of our research does not imply the formulation of hypotheses, since our goal is to "crystallize" the theoretical and methodological approach from empirical data. Therefore, to develop the design of the study, we relied on the research questions posed above.</p><p>We decided to analyze how the results of projects of this type, carried out using the European project management methodology (hereinafter referred to as EPM projects), differ from the results of projects where another project management methodology was used (hereinafter referred to as PM projects). Our goal was to find characteristics common to all EPM projects, which at the same time would be absent in PM projects. For this, we have developed a quasi-experiment research design. The unit of the analysis is a project in the field of social entrepreneurship. In this article, we present the results obtained in the course of the study over 5 years (2016–2020).</p><p>The experimental group included EPM projects. The control group (PM projects) consisted of project teams using the PMI methodology, the choice of which is due to its widespread use and good methodological support.</p><p>To ensure the comparability of project results, the following requirements were set for the selection of projects for participation in the experiment:</p><p>To develop the author's methodology for integral assessment, the EFQM excellence model was initially used. With the release of the new version in 2019, we adjusted a number of criteria and grouped them in three projections: "Direction", "Execution", "Results" - in accordance with the logic of the EFQM model. Thus, the assessment methodology is based on 7 criteria, disclosed through 32 sub-criteria:</p><p>"Direction" (Why?)</p><p>Criterion 1. Purpose, vision and strategy of the project: the purpose of the project and vision; identifying and understanding the needs of project stakeholders; understanding of the ecosystem, own capabilities and main problems; availability of a project implementation strategy; project management system.</p><p>Criterion 2. Culture and leadership in the project: support culture and values in the project team; creating conditions for the implementation of social changes; creativity and innovation; involvement of participants in achieving the goal, vision and strategy. </p><p>"Execution" (How is it done?)</p><p>Criterion 3. Involvement of project stakeholders: creation of stable relationships with project clients, volunteers, business partners, suppliers; contribution to the development of society.</p><p>Criterion 4. Creation of sustainable social value: development and creation of social value; communication and implementation of social value; delivery and service; work with customer experience.</p><p>Criterion 5. Performance and change management: performance and risk management; internal transformations for the implementation of future projects; stimulating innovation; use of data, information and knowledge; asset and resource management.</p><p>"Results" (What has been achieved?) </p><p>Criterion 6. Perception of stakeholders: feedback, recognition, reputation of the project and (or) the project team received from the clients of the project, volunteers, business partners, suppliers.</p><p>Criterion 7. Strategic and operational indicators of the parties: achievement of the stated goals, financial sustainability of the project, implementation of the expectations of key stakeholders, social changes initiated by the project, the possibility of scaling and (or) replicating the project.</p><p>Each subcriterion received a performance / presence assessment depending on the achieved level on a 5-point scale (0 - not met / absent, 1 - partially, 2 - good, 3 - high, 4 - manageable, 5 - improvement). When calculating the integral assessment, weights were used, taking into account the proportion of criteria and subcriteria in the EFQM model so that the maximum possible score was 1000 (for criteria 1, 3 and 5 - 4, for criteria 4 and 6 - 10, for criterion 2 - 5, for criterion 7 - 8). For the integral assessment, a non-linear scale was used:</p><p>Further, using content analysis, we investigated the frequency of project management processes selected by project teams during the adaptation and customization of the project management methodology.</p><p>The following data sources were used:</p><p>Evaluation of the project results was carried out by an independent team of experts, consisting of five people. Requirements for experts: experience in project management and (or) implementation of a separate management function in a project, experience in implementation of social and (or) charitable projects.</p></sec><sec><title>4. RESULTS</title><p>The quasi-experiment involved 64 project teams that developed and implemented projects in the field of social entrepreneurship, 32 each in the experimental and control groups, including in 2016 - 12, 2017 - 14, 2018 - 16, 2019 - 12, 2020 - 10 . The total number of project team members - 596 people.</p><p>In terms of content, projects were distributed as follows:</p><p>The distribution of projects in accordance with the integrated assessment of the results is shown in Table. 1.</p><fig id="fig-1"><caption><p>Table 1Distribution of projects in accordance with the received integral estimates</p></caption><graphic xlink:href="ecr-12-1-g001.png"><uri content-type="original_file">https://cdn.elpub.ru/assets/journals/ecr/2021/1/jVobpowYJumsQeYSURIYmmEcjZaNDqBHpIRwYTi3.png</uri></graphic></fig><p>As you can see from the table. 1, none of the projects fell into groups A and E, while in groups B and C were the majority of projects of both groups - 89%, 91 and 88%, respectively. In group D, the number of projects is insignificant: 9% EPM and 13% PM.</p><p>After clustering the obtained estimates along the projection axes ("Direction", "Execution" and "Results"), we identified the following empirical profiles of projects.</p><p>"Strategic integrator" – - projects that won high scores in the "Direction" and "Results" projections. Such projects are characterized by a high level of achievement of goals (criterion 7) while striving to integrate the project team into the surrounding ecosystem in the long term (subcriterion 1.3) and with a strong social mission (subcriteria 1.1, 1.2). In such projects, concern for the future of the project is noted, including attention to the reputation of the project and the team in the external environment (criterion 6). The team is focused on creating an economically sustainable business model for the project "for growth" (subcriterion 1.4) and the formation of an internal culture of project activities (criterion 2), while the organization of the current processes did not receive due attention (criterion 5). If the profile boundary is drawn at the level of 75% of the maximum grade, this group includes 41% of all projects, that is, 41% of projects of both groups (experimental and control) have an integral grade in the "Direction" projection of more than 150 points, and in the "Results "- more than 300 points. If the profile boundary is drawn at the level of 80% (160 and 320 points, respectively), 22% of all projects fall into this profile.</p><p>"Effective performer" – projects that have scored high scores in the "Execution" and "Results" projections. Projects of this profile are focused on the rational organization of all aspects of project activities (criterion 5), significant attention is paid to risk management (subcriterion 5.1) and communications (subcriterion 5.4), as well as the process of designing, creating and implementing social value for the client (criterion 4). These projects also achieved high results (criterion 7), responsive to changes in the needs of consumers of social services and the requirements of partners (criteria3 and 6). This group includes 36% of projects if the cutoff limit is drawn at 75% of the maximum grade (projects that scored more than 300 points in both the Execution and Results projections), and 22% of projects with a cut-off of 80% (respectively, projects that scored more than 320 points in both projections).</p><p>“Rational performer” – projects that received no more than 50% of the maximum possible grade in all three projections (less than 100 points in the “Direction” projection, less than 200 points in the “Execution” and “Results” projections). This profile is characterized by the minimum effort of the project team in the context of all the considered criteria. The team's efforts are focused on achieving the goals stated in the project, but the sustainability of these goals and the reproducibility of activities are not in the focus of attention.</p><p>Tab. 2 and 3 characterize the selected profiles quantitatively.</p><p>As you can see from tables 2 and 3, successful EPM projects mostly fell into the "Strategic integrator" profile (72% at the 75% cut-off, 44% at the 80% cut-off), while successful PM projects were mostly in the "Effective performer" profile (66% at 75% cutoff, 44% at 80% cut-off).</p><fig id="fig-2"><caption><p>Table 2Composition of empirically selected project profiles with a cut-off limit of 75% of the maximum score for the Strategic Integrator and Eff ective Executor profiles</p></caption><graphic xlink:href="ecr-12-1-g002.png"><uri content-type="original_file">https://cdn.elpub.ru/assets/journals/ecr/2021/1/BJQ7eDZ6L1jpKctxdDiuCDkboGs1HVb40x9FaPGP.png</uri></graphic></fig><fig id="fig-3"><caption><p>Table 3Composition of empirically selected project profiles with a cut-off border of 80% of the maximum score for the Strategic Integrator and Effective Executor profiles</p></caption><graphic xlink:href="ecr-12-1-g003.png"><uri content-type="original_file">https://cdn.elpub.ru/assets/journals/ecr/2021/1/Tja0ULKUHCPk3wk1MEH2SfGg45dWFcSR5RTf8tSt.png</uri></graphic></fig><p>Each project team has adapted and customized the appropriate project management methodology. None of the project teams used all of the project management processes outlined in the methodology, and 94% of the project teams applied no more than 24 processes. Content analysis of the selected processes in the projects of groups B and C (group D was not considered due to insufficiently high results) made it possible to identify the most frequently used processes.</p><p>In EPM projects:</p><p>In PM projects:</p></sec><sec><title>5. QUESTIONS FOR DISCUSSION</title><p>Such high integral assessments of the results are explained, in particular, by the influence of the experimental factor: the project teams were motivated to apply the project management methodology. In this paper, we rely on the results of a quasi-experimental design, since it is difficult to conduct a pure experiment of this kind due to the weak training of social entrepreneurs in the field of project management. However, this result represents a certain scientific value, confirming the feasibility of applying project management methods and tools to achieve sustainable results. We did not find any significant difference between the integral results of the experimental and control groups. This indicates that it is not so much a specific project management methodology that contributes to the success of the project, but the very fact of its application, since the social entrepreneur focuses on the parameters that are significant for success and, following the recipes for project management, it largely removes uncertainty in the course of project implementation. To confirm this thesis, it seems appropriate to continue this experiment using other popular project management methodologies.</p><p>At the same time, differences were empirically revealed in the profiles of successful projects of the experimental and control groups. While both groups achieved fairly good results (Results projection), EPM projects focused more on strategic integration into the ecosystem and long-term cooperation while PM projects - on the effective organization of all processes, resource coordination and ongoing interaction. These results can be explained by the peculiarities of the applied methodologies. If the PMI methodology prescribes 49 project management processes, their inputs and outputs, ways of their implementation, accompanying them with appropriate document templates, then the PM2 methodology, also relying on the process approach, greatly simplifies the process system and builds a single logic of the project life cycle with a minimum set documents and solutions required for phase transitions. In addition, the PM2 methodology emphasizes the difference between project results and effects (changes that results lead to), introducing a special area - implementation (transition) management. Thus, despite the high level of results in both groups, they were achieved in different ways.</p><p>The results of the content analysis showed that the project management methodology was not fully implemented in any of the projects. The scale of the projects and the specificity of the subject area determined the demand for some groups of processes and the low relevance of others. Most often, the need to adapt the methodology is associated with changing the stages of the project management process, templates for project documents, the scheme of distribution of responsibilities. There is the role structure of the project to better match the leadership style of the social entrepreneur or the specific needs of the structure and culture of the social enterprise, as well as to align with its historically established internal processes and policies. In addition to adaptation, additional customization is often required at the level of each specific project. In some cases, projects required only separate project management methods and the introduction of the entire array of project documentation would significantly complicate the management of such projects. In other cases, only a complete system of documented project management processes is able to cope with the complexity and scale of the intended social transformations.</p></sec><sec><title>6. CONCLUSION</title><p>As part of developing a methodological approach to organize project management in order to achieve outstanding results in social entrepreneurship projects based on European experience and standards, we turned to modern ideas about social entrepreneurship, new models of which are numerous and diverse. Social entrepreneurs carry out their projects in all three sectors of the economy, since their main task is to satisfy needs.</p><p>Discussing to which extent the application of best project management practices can contribute to the success and sustainability of projects in the field of social entrepreneurship, we considered project management as an independent professional area that allows us to implement projects of various sizes and types in various fields of human activity. Their implementation is based on the use of special methods and tools, both specially developed in this area, and successfully borrowed in other types of management and adapted to the project specifics.</p><p>We use the toolkit of the European EFQM model to assess the achievement of outstanding performance in the area under consideration. Over the past few decades, models of excellence have evolved into an overarching management framework aimed at assessing management practices and results and guiding organizations to improve performance. The EFQM model (as published in 2019) does not explicitly contain the concept of excellence, but it is implicitly integrated into all blocks of the model: "Direction", "Performance" and "Results", thereby linking together the strategic and operational cross-section of activities and all achieved results. The author's assessment methodology presented in the work, based on the EFQM model, can serve as a diagnostic tool and a structured basis for developing improvement programs.</p><p>There was no significant difference in the results achieved in the experimental and control groups, which indicates the importance of applying the project management methodology, regardless of its origin. The accumulated experience in the application of project management tools and methods in various industries and spheres of activity indicates the presence of such important effects as an increase in the level of achievement of goals in solving set tasks, a reduction in deadlines and budget optimization. Also, an increase in the overall satisfaction of all participants in project activities exists. The choice of methodology is associated with the scale of projects, their number and frequency, and the specifics of the subject area. In order for the project management methodology to effectively serve the needs of the social entrepreneur and the project he implements, its adaptation and / or customization is required.</p><p>At the same time, projects that adapted the European methodology turned out to be focused more on strategic development and integration into the ecosystem on the principles of long-term cooperation, while the projects of the control group focused on the effective organization and coordination of processes, resources and interaction.</p><p>Thus, our research has shown that in order to achieve sustainable high results in social entrepreneurship projects, it is necessary to understand your ecosystem and its needs, develop a project culture and the team itself, and apply best management practices.</p><p>1. URL: https://www.efqm.org/.
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