Portfolio Management IJEIM 16 2012 pre-pub.pdf (558.38 kB)
Project portfolio management: prioritising resources for change
journal contribution
posted on 2023-06-08, 22:09 authored by Chris StoreyChris Storey, Paul HarborneWhile a number of studies have analysed portfolio management in goods firms, few have focused on the processes and practices within service firms. This research project investigated the attitudes, approach and practices geared towards project portfolio management (PPM) in UK-based financial service firms. An exploratory research approach is undertaken via in-depth interviews with key informants in 24 leading financial service companies. Data was also collected on the tools employed for PPM and the performance of the project portfolio. The results revealed considerable variation in the approach and effectiveness of PPM. There were clearly unresolved problems with PPM including PPM not being within the company's strategic context; firms being focused on managing project risk rather than building a balanced portfolio; a lack of understanding of project interdependencies and firms' reluctance to cancel projects once they have started.
History
Publication status
- Published
File Version
- Accepted version
Journal
International Journal of Entrepreneurship and Innovation Management (IJESB)ISSN
1476-1297Publisher
InderscienceExternal DOI
Issue
1/2Volume
16Page range
98-113Department affiliated with
- Business and Management Publications
Full text available
- Yes
Peer reviewed?
- Yes