Governance arrangements for IT project portfolio management – A case study in ten companies

2014 ◽  
pp. 87-156
Author(s):  
Thorsten Frey
Keyword(s):  
Portfolio Management ◽  
Project Portfolio ◽  
Project Portfolio Management ◽  
It Project ◽  
Governance Arrangements

A system dynamics investigation of project portfolio management evolution in the energy sector

Kybernetes ◽  
2019 ◽  
Vol 49 (2) ◽  
pp. 505-525
Author(s):  
Seyed Hossein Hosseini ◽  
Hamed Shakouri G. ◽  
Aliyeh Kazemi ◽  
Rahman Zareayan ◽  
Milad Mousavian H.
Keyword(s):  
System Dynamics ◽  
Portfolio Management ◽  
Business Processes ◽  
Systems Approach ◽  
Energy Sector ◽  
Project Portfolio ◽  
Project Portfolio Management ◽  
Content Type ◽  
Portfolio Strategies

Purpose Project portfolio management (PPM) is a commonly used technique to align projects with strategy and to ensure adequate resourcing for projects. In this paper, to gain a better understanding of PPM dynamics, a system dynamics (SD) model was developed. To do so, an Iranian independent power producer was used as a case study in the energy sector; moreover, policy options were derived and generalized for such a developer company. Design/methodology/approach To cope with the complexity of business processes in a power producer company and to formulate an optimum policy, causal relations and loops were derived first and then state-flow diagrams were designed to simulate the problem in the system, as it is usual in the SD methodology. Findings The proposed model was applied to a real-world case study to rectify managers’ viewpoint about their business dynamics and to formulate new project portfolio strategies to improve the viability of the company. The model proved how a static portfolio analysis can misguide managers in planning their project portfolio strategies, and how effective feedback can improve PPM in developing companies in the energy sector. Originality/value Systems approach, especially SD methodology, has been rarely used to analyze PPM problems in the energy sector. This study highlights the implications of feedback and dynamics in PPM and tries to derive optimal value of portfolios.

Discourses and Theoretical Assumptions in IT Project Portfolio Management

2016 ◽  
pp. 34-64
Author(s):  
Lars Kristian Hansen ◽  
Pernille Kræmmergard
Keyword(s):  
Literature Review ◽  
Portfolio Management ◽  
Project Portfolio ◽  
Project Portfolio Management ◽  
Interdisciplinary Practice ◽  
Theoretical Assumptions ◽  
It Project ◽  
Normative Discourse ◽  
Scientific Discourses

These years increasing interest is put on IT project portfolio management (IT PPM). Considering IT PPM an interdisciplinary practice, this paper conducts a concept-based literature review of relevant articles across various research disciplines. It finds and classifies a stock of 107 relevant articles into four scientific discourses: the normative, the interpretive, the critical, and the dialogical discourses, as formulated by Deetz (1996). It finds that the normative discourse dominates the IT PPM literature, and few contributions represent the three remaining discourses, which unjustifiably leaves out issues that research could and most probably should investigate. In order to highlight research potentials, limitations, and underlying assumptions of each discourse, this paper develops four IT PPM metaphors. Its metaphors can be used by practitioners to articulate and discuss underlying and conflicting assumptions in IT PPM, serving as a basis for adjusting organizations' IT PPM practices.

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