How to Achieve Effectiveness in Project Portfolio Management

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10 Scopus citations

Abstract

To promote a better understanding of the effectiveness in project portfolio management (PPM), this article investigates how PPM effectiveness can be achieved. Conducting case study research with four market-leading organizations in USA, the results reveal different practices, summarized into five contributors of PPM effectiveness. These contributors are 1) a high degree of interaction with strategic management activities through PPM process and structure, 2) a strong relationship with functions responsible for managing multiple projects, 3) a consulting responsibility of project management office, 4) the organization's cultural traits regarding involvement, consistency, and sense of mission, and 5) an integrative complexity, a cognitive attribute of the PPM committee members. These findings provide a basis for both researchers and practitioners for reassessing, improving, and developing PPM approaches and working conditions that enhance PPM effectiveness.

Original languageEnglish (US)
Pages (from-to)987-999
Number of pages13
JournalIEEE Transactions on Engineering Management
Volume69
Issue number4
DOIs
StatePublished - Aug 1 2022

All Science Journal Classification (ASJC) codes

  • Strategy and Management
  • Electrical and Electronic Engineering

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