SUSTAINABLE PROJECT MANAGEMENT: PRINCIPLES AND STANDARDS

Abstract

The article examines sustainable project management within the framework of international sustainability standards. In the article the project is considered within the concept of sustainable development based on the integration of economic, environmental, and social aspects in relation with obtaining long-term benefits. The adoption of sustainable project management standards entails shifting from traditional methods to a more comprehensive and adaptable management approach. Projects are carried out across diverse sectors by companies and organizations, making it crucial to engage all stakeholders in applying sustainability principles. Modernizing management processes throughout the project lifecycle provides competitive advantages by aligning with these principles. Incorporating sustainability standards and principles into Kazakhstan's national projects at every phase of the product lifecycle fosters the creation of long-term value, minimizes environmental impact, enhances social accountability and economic outcomes, and increases the country's appeal to foreign investors. These aspects are particularly relevant for the successful execution of national projects in the Republic of Kazakhstan.

Accordingly, the article contributes by analyzing open-source materials, addressing the challenges of adopting sustainable project management, outlining sustainability principles, and elucidating the essence and scope of international standards. The objective of this article is to explore the challenges of implementing sustainable project management through the lens of international sustainability standards, to identify key principles and best practices that facilitate the integration of sustainability into project management.