Theoretical framework for value creation in project oriented companies

Abstract

The purpose of the paper is to present hypothetical and deductive model describing the modus operandi of project oriented companies (POC’s) and approach to model operationalisation. Due to this statistical procedure, it will be verified whether the matrix arising from the adopted theoretical model differs statistically from the empirical matrix of covariance arising from the system of equations. The fit of the model with the empirical data will be evaluated using χ2, RMSEA and CFI (Comparative Fit Index). How well the theoretical model fits the empirical data is assessed through a number of indicators.