1.

With relevant examples, discuss the types of project sustainability.

Answer»

Some dimensions of project sustainability are:

  1. Institutional stability
  2. Continued operation and maintenance of project facilities
  3. Continuous flow of net benefits
  4. Maintenance of environmental stability
  5. Equitable sharing and distribution of project benefits
  6. Continued community participation

Some elements of sustainable development are:

  1. Efficient use of natural resources
  2. Education
  3. Population stabilization
  4. Integrated environmental systems management
  5. Social and cultural changes
  6. Determining environmental limits
  7. Refining market economy
  8. Reduction in waste and prevention of pollution
  9. Protecting soil from pollution
  10. Reducing disparity in life cycle
  11. Restoring landscapes

Some examples of sustainable business are:

  1. Replacing nationally and internationally produced products with those created locally and regionally
  2. Taking responsibility on the effects they have on the natural world
  3. Avoiding exotic sources of capital for business development and growth
  4. Engaging in productive processes that are human, worthy, dignified, and intrinsically satisfying
  5. Creating objects of durability and long-term utility whose ultimate use or disposition will not be harmful to future generations
  6. Changing of consumers to customers through education
  7. Promoting transparency and systematic dealings with risks, uncertainty, and irreversibility
  8. Ensuring appropriate valuation, appreciation, and restoration
  9. Integrating environmental, social, human, and economic goals in business policies and activities
  10. Promoting and implementing continuous quality improvement
  11. Promoting commitment to the best practices
  12. Understanding projects which illustrate the successful application of sustainability principles to business
  13. Demonstrating that market forces can drive the company to conduct business in a way that benefits shareholders, society, and the environment
  14. Integrating sustainability in all business plans


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