Empowering Women in Project Management: The Impact of Development Value on Self-Efficacy and Positive Risk Management

Abstract

The landscape of project management has shifted significantly over the years endowed with dynamic changes within the labor market, and carving out a niche for women in such a context has emerged as an important discussion in the literature. This paper aims at intersecting three important frameworks: Employee Value Proposition with a focus on Berthon’s development value, Bandura’s Social Cognitive Theory (SCT), and the PMI’s Positive Risk Management, highlighting their combined impact on enhancing the performance, job satisfaction, engagement and retention rates of women in project management. Data from 100 women employees across various industries were examined using Structural Equation Modeling (SEM) and Confirmatory Factor Analysis (CFA).