Formulation of Framework Model of Project Management Process Factors Affecting SMEs Performance

Abstract

Small and Medium Enterprises (SMEs) are significant for global economy and contribute to the growth, employment and output of gross domestic products (GDP). SMEs denote one of the critical sources of global economic growth either for both developed and developing countries. SMEs in the United Arab Emirates (UAE) are largely contributed from the manufacturing economic sector, generating employment opportunities in service sectors and increasing the export base. Studies found that not many of SMEs are adopting project management in their operational activity. Hence this paper presents a proposed conceptual framework on the relationship between project management processes factors affecting SMEs performance. Based on the literature review there are four domains of factors affecting the performance that are scope, cost, risk and communication. This framework can be further used to validate the relationship with the questionnaire data from the SME community.