Effectiveness in project portfolio management: Toward a conceptual definition

Research output: Chapter in Book/Report/Conference proceedingConference contribution

3 Scopus citations

Abstract

While project portfolio management (PPM) has increased its significance in various business contexts, research on effectiveness of PPM is still limited. In fact, PPM effectiveness has not been clearly defined; factors contributing to PPM effectiveness have not been thoroughly investigated; and measurement criteria for PPM effectiveness have not been proposed. The lack of such research has practitioners continuing with a PPM approach that has not been measured as to its effectiveness and impact on business results. As part of a major research initiative, the objective of this study is to develop a conceptual definition of PPM effectiveness. Based on extensive literature review and case study research with three market-leading organizations in the US, the author proposes a definition of PPM effectiveness. After understanding what PPM effectiveness is, practitioners should be able to create organizational conditions that promote PPM.

Original languageEnglish (US)
Title of host publicationPICMET'11 - Portland International Center for Management of Engineering and Technology, Proceedings - Technology Management in the Energy-Smart World
Publication statusPublished - Oct 5 2011
EventPortland International Center for Management of Engineering and Technology - Technology Management in the Energy-Smart World, PICMET'11 - Portland, OR, United States
Duration: Jul 31 2011Aug 4 2011

Publication series

NamePICMET: Portland International Center for Management of Engineering and Technology, Proceedings

Other

OtherPortland International Center for Management of Engineering and Technology - Technology Management in the Energy-Smart World, PICMET'11
CountryUnited States
CityPortland, OR
Period7/31/118/4/11

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All Science Journal Classification (ASJC) codes

  • Business, Management and Accounting(all)
  • Strategy and Management
  • Management Science and Operations Research
  • Management of Technology and Innovation

Cite this

Patanakul, P. (2011). Effectiveness in project portfolio management: Toward a conceptual definition. In PICMET'11 - Portland International Center for Management of Engineering and Technology, Proceedings - Technology Management in the Energy-Smart World [6017814] (PICMET: Portland International Center for Management of Engineering and Technology, Proceedings).