Project portfolio management in practice and in context
This research advocates new approaches and perspectives on project portfolio management to deepen understanding of its application in the day-to-day business environment.
- Project portfolio management (PPM)
- Project portfolio management in practice
- Project portfolio management in context
- Review of empirical research literature
What does the paper cover?
The paper suggests that applying a rigid project portfolio management (PPM) framework as a rational-decision approach does not fully reflect real-life scenarios.
Furthermore, whilst PPM standards are globally accepted, there is a gap in knowledge of how practice (that is, what managers actually do) and context (that is, the conditions in which the project portfolio is being managed) affect the success of PPM.
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