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Project Portfolios in Dynamic Environments

Project Portfolios in Dynamic Environments
Author: Brian Hobbs
Publisher: Project Management Institute
Total Pages: 307
Release: 2012-05-01
Genre: Business & Economics
ISBN: 1628250127

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Project Portfolios in Dynamic Environments: Organizing for Uncertainty is a comprehensive report of research that addresses this important, rising issue. Authors Yvan Petit and Brian Hobbs present the results of their investigation in a report that significantly advances the theory and also offers tips for practice. Currently, those applying project portfolio management tend to focus on the selection, prioritization, and strategic alignment of projects. Little attention is afforded the potential disturbances to project portfolios such as new projects, terminated projects, delayed projects, incorrect planning due to high uncertainty, and changes in the external environment. Yet, these factors can have highly disruptive, even show-stopping influence. This research seeks to answer: How is uncertainty affecting project portfolios managed in dynamic environments?


Project Portfolios in Dynamic Environments

Project Portfolios in Dynamic Environments
Author: Yvan Petit
Publisher:
Total Pages: 4
Release: 2014
Genre: Strategic planning
ISBN:

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This research investigates the impact of uncertainty on project portfolio management in dynamic environments. An uncertainty management perspective is adopted instead of the more established practice risk management. The research is based on case studies of four portfolios in two firms. The results of this research provide practical advice for practitioners, and several suggestions to improve PMI standards.


Organizing Mechanisms for Project Portfolio Management in Dynamic Environments

Organizing Mechanisms for Project Portfolio Management in Dynamic Environments
Author: Yvan Petit
Publisher:
Total Pages: 5
Release: 2012
Genre: Project management
ISBN:

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A qualitative study performed between 2008 and 2010 identified that, in dynamic environments, a significant number of internal and external events impact project portfolios for which organizing mechanisms are put in place. It is therefore suggested in this research to investigate: How is uncertainty affecting project portfolios managed in dynamic environments? The proposed dynamic capability framework will be separated into two orders: the first-order deals directly with the uncertainty affecting the management of a given project portfolio; the second-order dynamic capabilities include corrective actions, new routines, structures, or tools to improve the performance and support of project portfolio management (PPM). Data will be collected from portfolio managers and project office managers through questionnaires to validate the findings of an exploratory research completed recently with a larger sample of project portfolios. The main goal of the research is to identify the organizing mechanisms implemented to support PPM in dynamic environments.


Project Portfolio Management

Project Portfolio Management
Author: Ntebaleng Patience Hlophe
Publisher:
Total Pages: 69
Release: 2016
Genre: Portfolio management
ISBN:

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Cambridge Handbook of Organizational Project Management

Cambridge Handbook of Organizational Project Management
Author: Shankar Sankaran
Publisher: Cambridge University Press
Total Pages: 944
Release: 2017-05-23
Genre: Business & Economics
ISBN: 1108293689

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In recent years, organizational project management (OPM) has emerged as a field focused on how project, program and portfolio management practices strategically help firms realize organizational goals. There is a compelling need to address the totality of project-related work at the organizational level, providing a view of organizations as a network of projects to be coordinated among themselves, integrated by the more permanent organization, and to move away from a focus on individual projects. This comprehensive volume provides views from a wide range of international scholars researching OPM at a cross-disciplinary level. It covers concepts, theories and practices from disciplines allied to management, such as strategic management, organization sciences and behavioural science. It will be a valuable read for scholars and practitioners alike, who are looking to enrich their understanding of OPM and further investigate this new phenomenon.


Agile Project Management

Agile Project Management
Author: Project Management Journal
Publisher: John Wiley & Sons
Total Pages: 373
Release: 2013-06-26
Genre: Business & Economics
ISBN: 1118586735

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The development of the Agile Movement, whatever the area of application or discipline, comes from the famous “faster, cheaper, better" maxim. As such, the agile manufacturing paradigm rests on four principles: response to change and uncertainty, supplying highly customized products, synthesis of diverse technologies, and intra-enterprise and inter-enterprise integration. For the reader interested in agile project management applications, response to changes, and transformations and its impact on managing projects, this book is a must-read. Various insights are covered, including: how to master complexity and changes in projects, economy, and society; how interaction between the project management team and project owners can influence risk management; how to move beyond the traditional mechanistic project management approach; how to include agile principles into an improved Logical Framework Analysis structure; what the impact is of agile principles on project management organizations what kind of innovative project management practice supports agile principles; and much more.


Strategic Project Portfolio Management

Strategic Project Portfolio Management
Author: Simon Moore
Publisher: John Wiley & Sons
Total Pages: 196
Release: 2009-11-02
Genre: Business & Economics
ISBN: 0470481951

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Lead change through strategic alignment of project and process performance Practical and filled with expert advice, Strategic Project Portfolio Management: Enabling a Productive Organization presents a clear framework for your organization to complete impactful strategic projects. Providing executive-level guidance to build a powerful and efficient process from initial adoption to portfolio alignment, this essential resource contains case studies from small to global multinational organizations, arming you with the insights to ensure your strategic projects are given the resources they need to deliver business impact. This important guide Shows executives how to align their projects and processes with their business strategy for compelling competitive advantage Provides cases from best in class organizations, showing how they were able to achieve results by using processes outlined in the book Reveals how technology is the key to developing new collaborative platforms and innovative work management environments that have not been possible until now Defines a framework for assessing project portfolio management competence within your organization and driving momentum for compelling improvements Explores how to go beyond project portfolio management to a holistic work management system Strategic Project Portfolio Management: Enabling a Productive Organization offers the practical recommendations, guidance, and real world insights you need to immediately begin driving better project management strategy.


Project Portfolio Management Strategies for Effective Organizational Operations

Project Portfolio Management Strategies for Effective Organizational Operations
Author: Romano, Luca
Publisher: IGI Global
Total Pages: 411
Release: 2017-01-30
Genre: Business & Economics
ISBN: 1522521526

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Continuous improvements in project portfolio management have allowed for optimized strategic planning and business process improvement. This not only leads to more streamlined processes, methods, and technologies, but it increases the overall productivity of companies. Project Portfolio Management Strategies for Effective Organizational Operations is a key resource on the latest advances and research regarding strategic initiatives for portfolio and program management. Highlighting multidisciplinary studies on value creation, portfolio governance and communication, and integrated circular models, this publication is an ideal reference source for professionals, researchers, business managers, consultants, and university students in economics, management, and engineering.