Dictionary

projectization en · NOUN

Etymology

From project + -ization.

Meanings

1. (uncountable) The allocation of funds to a specific project regardless of any other consideration.
   • Projectization means that all 'staff and office costs asociated with implementing a project are charged to projects through a time-allocation concept' (IOM, 2010b). Thus, unlike other IGOs, IOM cannot balance activities flexibly within a large regular budget. In practice, projectization implies that IOM is conducting those and only those activities that will definitely be financed by guaranteed project contributions from concrete donors. 2010, M. Geiger, A. Pécoud, The Politics of International Migration Management, →ISBN, page 63:
   • Critics of aid suggest that projectization of aid, conducive to targeting specific diseases, remains a problem to long-term institutional and organizational development, especially in the areas of health and education. 2015, Louis A. Picard, Terry F. Buss, Taylor B. Seybolt, Sustainable Development and Human Security in Africa, →ISBN:
   • Over-projectization of the national budget, combined with weak aid management capacities undermine comprehensive policy implementation, weakens coordination and increases costs of delivery. 2006, International Monetary Fund, Islamic Republic of Afghanistan: Interim Poverty Reduction Strategy Paper:
2. (uncountable) The organization of business management around project teams as opposed to functional groups.
   • Corporations have differing levels of projectization; that is, the extent to which their business is based on projects and the degree the project way of working pervades practice within the corporation. 2012, Dr Ralf Müller, Project Governance, →ISBN, page 29:
   • In Peters' view, projectization revolves around corporate changes to turn traditional profit center organizations into temporary projects with dedicated teams, appointed project leaders, and fixed deadlines. 2011, K. Bredin, J. Söderlund, Human Resource Management in Project-Based Organizations, →ISBN:
   • On the basis of this criterion, five new product development (npd) structures have been identified by Larson and Gobeli (1985, 1988), ranging from functional (lowest degree of projectization), to project team (highest degree of projectization). 2006, George Avlonitis, Paulina Papastathopoulou, Product and Services Management, →ISBN, page 230:
   • However, in construction projects partial projectization is most common. In the partial projectization structure functions of critical importance to the project (e.g. engineering and construction) are assigned to the project management team. 1989, Emmanuel E. Simkoko, Analysis of Factors Impacting Technology Transfer in Construction Projects, →ISBN:

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