Publication Type
Journal Article
Version
publishedVersion
Publication Date
10-2005
Abstract
The ever-increasing penetration of projects as a way to organise work in many organisations necessitates effective management of multiple projects. This has resulted in a greater interest in the processes of project portfolio management (PPM), with more and more software tools being developed to assist and automate the process. Much of the early work on PPM concentrated on the management of IT projects, largely from the perspective of the management of resources and risk. Many of the recent articles have been by vendors of the software, promoting the value of the PPM process. However, the claims made in those articles are typically only supported by anecdotal evidence. In this paper, we assess whether there is a correspondence between the use of PPM processes and techniques, and improvements in the performance of projects and portfolios of projects. Based on our findings, we introduce a threestage classification scheme of PPM adoption, and present a strong correlation between (1) increasing adoption of PPM processes and a reduction in project related problems, and (2) between PPM adoption and project performance
Keywords
Project portfolio management, Managing programmes, Process, procedures, Information technology
Discipline
Business Administration, Management, and Operations | Management Information Systems
Research Areas
Operations Management
Publication
International Journal of Project Management
Volume
23
Issue
7
First Page
524
Last Page
537
ISSN
0263-7863
Identifier
10.1016/j.ijproman.2005.02.003
Publisher
Elsevier: 24 months
Embargo Period
8-31-2021
Citation
DE REYCK, Bert; GRUSHKA-COCKAYNE, Yael; LOCKETT, Martin; CALDERINI, Sergio Ricardo; MOURA, Marcio; and SLOPER, Andrew.
The impact of project portfolio management on information technology projects. (2005). International Journal of Project Management. 23, (7), 524-537.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/6748
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
External URL
https://doi.org/10.1016/j.ijproman.2005.02.003
Included in
Business Administration, Management, and Operations Commons, Management Information Systems Commons