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<p>This study examines the relationship between monitoring and evaluation (M&amp;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&amp;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&amp;E, PIMS, and knowledge management for enhancing project performance, offering valuable insights for policymakers, donors, the international community, and academia.</p>
</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.

The Role of Monitoring and Evaluation and Project Implementation Management System for Non-Profit Project Performance in Developing Countries

PhD, Full Professor, University of Sarajevo – School of Economics and Business

South East European Journal of Economics and Business

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

This study examines the relationship between monitoring and evaluation (M&E), project implementation management system (PIMS) for financial monitoring, and...

The Role of Monitoring and Evaluation and Project Implementation Management System for Non-Profit Project Performance in Developing Countries

Published Online: Jun 29, 2024

Page range: 63 - 76

DOI: https://doi.org/10.2478/jeb-2024-0005

Keywords
Monitoring & Evaluation, Project Implementation Management System, Knowledge Management, Resource Based View, Dynamic Capabilities, Structural Equation Modeling

© 2024 Adnan Ovcina et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

The Role of Monitoring and Evaluation and Project Implementation Management System for Non-Profit Project Performance in Developing Countries

Published Online: Jun 29, 2024

Page range: 63 - 76

DOI: https://doi.org/10.2478/jeb-2024-0005

KeywordsMonitoring & Evaluation, Project Implementation Management System, Knowledge Management, Resource Based View, Dynamic Capabilities, Structural Equation Modeling

© 2024 Adnan Ovcina et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Keywords
Monitoring & Evaluation, Project Implementation Management System, Knowledge Management, Resource Based View, Dynamic Capabilities, Structural Equation Modeling