Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/312371 
Year of Publication: 
2024
Citation: 
[Journal:] The Central European Review of Economics and Management (CEREM) [ISSN:] 2544-0365 [Volume:] 8 [Issue:] 1 [Year:] 2024 [Pages:] 39-75
Publisher: 
WSB Merito University in Wrocław, Wrocław
Abstract: 
Aim: The aim of this paper is to contribute to the project management studies by systematization, generalization, and structurization of information about an energy megaproject in Cyprus, as well as to provide practical insights and guidance on how megaprojects can be started and managed in other locations. Design / Research methods: By its research design, this paper is a case study analysis. The major focus of the case study is the decision-making process of the LNG energy megaproject in Cyprus. Conclusions/findings: Even positive emerging alternatives, like the discovery of newly natural resources, can delay a megaproject instead of speeding up it due to impact on the decision-making process and reassessment of the value creation. Originality/value of the article: The LNG energy megaproject in Cyprus provides a unique example of an emerging strategic alternative which requires a reassessment of the initial approach and its comparison in terms of value creation with the newly appeared opportunity.
Subjects: 
emerging alternatives
ESG
LNG energy project
megaprojects
project management
risk assessment
value creation
JEL: 
G31
H43
P28
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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