THE ROLE OF MONITORING AND EVALUATION AND PROJECT IMPLEMENTATION MANAGEMENT SYSTEM FOR NON-PROFIT PROJECT PERFORMANCE IN DEVELOPING COUNTRIES

Main Article Content

Adnan Ovcina Maja Arslanagic Kalajdzic

Abstract

This study examines the relationship between monitoring and evaluation (M&E), project implementation management system (PIMS) for financial monitoring, and project performance within the framework of the resource-based view (RBV), dynamic capabilities, and knowledge management theory. It focuses on non- profit projects in a developing context, particularly in countries such as Bosnia and Herzegovina (BiH). Developmental assistance and non-profit projects have an important role to play in the economic performance of developing countries. The research highlights the significance of understanding factors influencing project performance in non-profit projects in developing countries such as BiH. The findings indicate that both M&E and PIMS for financial monitoring significantly influence three key knowledge management processes - knowledge internalization, knowledge accumulation, and knowledge transfer and integration, which in turn positively influence project performance. The study underscores the importance of synergy between M&E, PIMS, and knowledge management for enhancing project performance, offering valuable insights for policymakers, donors, the international community, and academia.

Article Details

How to Cite
Ovcina, A., & Kalajdzic, M. (2024). THE ROLE OF MONITORING AND EVALUATION AND PROJECT IMPLEMENTATION MANAGEMENT SYSTEM FOR NON-PROFIT PROJECT PERFORMANCE IN DEVELOPING COUNTRIES. The South East European Journal of Economics and Business, 19(1), 63-76. Retrieved from https://journal.efsa.unsa.ba/index.php/see/article/view/2348
Section
Scientific and Professional papers: Economics and Business
Author Biographies

Adnan Ovcina, Integration International Management Consultants GmbH

PhD Candidate (corresponding author)
Junior Expert for ROM Review Missions (DG Enlargement region)
Integration International Management Consultants GmbH
Address: Zagrebačka 67, 71000 Sarajevo
Country: Bosnia and Herzegovina
E-mail: adnanovcina1987@gmail.com; aovcina@integration.org

Maja Arslanagic Kalajdzic, University of Sarajevo – School of Economics and Business

Full Professor
University of Sarajevo –
School of Economics and Business Bosnia and Herzegovina
E-mail: maja.arslanagic@efsa.unsa.ba ORCID: 0000-0002-4954-782X