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This study describes the resource management practices of a rural community located in Morobe Province, Papua New Guinea. Lababia, a community of 500 people, is located in a coastal rainforest environment and is dependant for its livelihood on swidden agriculture and fishing. Lababia is also the site of an integrated conservation and development project facilitated by a non-governmental organisation based in a nearby urban centre. / The key resources on which Lababia depends are managed as the common property of either the village-as-a-whole or the various kin groups resident in the village, and for that reason common property theory has been used to inform the design of the research project and the analysis and interpretation of research results. However, the social foundations of resource management systems and the influence of external factors, commodity markets in particular, are not adequately represented in some of the more widely used analytical frameworks developed by common property theorists. These factors are of fundamental importance to the Lababia commons because of the many social, political and economic changes that have occurred there over the last century. For that reason the Lababia commons is referred to as a commons-in-transition . / Ethnographic and historical analysis, informed by common property theory, is used to develop a description of the property rights system existing at Lababia and resource management practices in the key sectors of fishing and agriculture. The management of forest resources is described on the basis of a comparison with Kui, a nearby village that, unlike Lababia, has allowed industrial logging activities on their lands. The impact of the conservation and development project on village life is also assessed and the study concludes by developing an analytical framework suitable to the Lababia commons and one that facilitates the development of policy appropriate to the planning of sustainable development projects generally and conservation and development projects in particular.