The paper "Relationship between Human Capital and Time Performance in Project Management" is an outstanding example of a management research proposal. The research study will base its focus on the relationship between human capital and time performance in project management in “ king Faisal Specialist Hospital and Research Center” (KFSH& RC) for maintenance projects. The study will make use of the “ causal path model” to determine the relationship that exists between the project management of human capital – PMHC and project time performance (Brenda, 2003). Human capital basically refers to the human resources in the firm and is a subdivision of the economic theory that deals with the economic worth of human resources in the firm.
The knowledge and experience of project managers are very crucial in determining the outcomes of the project and all of these aspects are evaluated using a “ human capital framework” . The “ causal path model analysis” validates the “ central research hypothesis” that the performance will become better with increased human capital investment. The outcomes of the study will be pretty important since they will confirm that both education and the training of project managers are very critical and have an influence on the time performance (delivery) of maintenance projects.
The research study will report and make a discussion on its findings from a much-systematized review of the literature of the research study. This study will also have a focus specifically on the human capital that is commonly shared such as the common meanings on the interfaces of the individual and the team, and from this research, we will be able to make a conclusion that the most constructive aspects of the “ commonly shared human capital” are the tactic knowledge, the social support and the value systems (Herremans and Isaac, 2004). CHAPTER ONE 1.1 Introduction Unlike many labor-intensive firms KFSH& RC (King Faisal Specialist Hospital and Research Centre) maintenance projects usually provide high professional knowledge and relevant technologies, and the maintenance project’ s managers are also professionals with outstanding knowledge.
Therefore, the maintenance project is a knowledge-intensive undertaking for which the human capital is the most valuable asset (it is in fact the intellectual capacity of the personnel that is given the most emphasis).
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