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Project Portfolio Management

Project portfolio management is one of three general topics now widely included in the project management field, along with program (programme) management and project management.   Project portfolio management has been much researched in recent years, and much has been published on the topic.  This section of the PM World Library provides access to a few useful resources on these topics.

Definitions

Portfolio: A collection of projects or programs and other work that are grouped together to facilitate effective management of that work to meet strategic business objectives. The projects or programs of the portfolio may not necessarily be interdependent or directly related. (PMI: The Standard for Portfolio Management, 2nd Edition. 2008) A grouping of an organisation’s projects, programmes. Portfolios can be managed at an organisational or functional level. (APM Body of Knowledge Glossary of Terms at https://www.apm.org.uk/body-of-knowledge/glossary/

Portfolio Management: The centralized management of one or more portfolios, which includes identifying, prioritizing, authorizing, managing and controlling projects, programs and other related work, to achieve strategic business objectives. (PMI: The Standard for Portfolio Management, 2nd Edition. 2008);  The selection, prioritisation and control of an organisation’s projects and programmes in line with its strategic objectives and capacity to deliver. (APM Body of Knowledge Glossary of Terms at https://www.apm.org.uk/body-of-knowledge/glossary/

 

PM World Journal

There have been several articles and papers related to project portfolio management previously published in the PM World Journal and now included in the PM World Collection at https://pmworldlibrary.net/pm-world-collection/. Some of those papers are also now included below.

 

Guidelines and Standards

 

 

Papers, Reports, Studies

Archibald, R.D. (2010). The Interfaces Between Strategic Management of an Enterprise and Project Portfolio Management Within the Enterprise; keynote presentation at the 11th Annual DYNAMICS 2010 Project Management Symposium in Istanbul, Turkey. PM World Today, Vol. XII, Issue V, May. Available online at https://pmworldlibrary.net/wp-content/uploads/2020/05/pmwj94-Jun2020-Archibald-strategic-management-and-portfolio-management-second-edition.pdf

IHyväri, I., Oyj, M. (2014). Project portfolio management in a company strategy implementation; ScienceDirect journal; Procedia - Social and Behavioral Sciences, Volume 119, March 2014. Pages 229 – 236. To access this paper, https://www.sciencedirect.com/science/article/pii/S1877042814021181  (Kumar)

Lerch, M. & Spieth, P. (2012), Innovation Project Portfolio Management: A Meta-Analysis;  International Journal of Product Development; DOI: 10.1504/IJPD.2012.047265, (June 2012). Retrieved from https://www.researchgate.net/publication/259557845_Innovation_Project_Portfolio_Management_A_Meta-Analysis (Kumar)

Portman, H. and Silva, M. (2020). Project creatures that accelerate and enhance a portfolio of projects; PM World Journal, Vol. IX, Issue IX, September. Available online at https://pmworldlibrary.net/wp-content/uploads/2020/08/pmwj97-Sep2020-Portman-Silva-project-creatures-that-accelerate-and-enhance-a-portfolio-of-projects.pdf

Rosenberger, P. and Struzl, K. (2017). Managing an Agile Developed IT Project Portfolio, 6th Scientific Conference on Project Management in the Baltic States, University of Latvia, April 2017, PM World Journal, second edition, Vol. VI, Issue IX, September. https://pmworldlibrary.net/wp-content/uploads/2017/09/pmwj62-Sep2017-Rosenberger-Struzl-agile-project-portfolio-second-edition.pdf

Silva, M. and Portman, H. (2019). Creatures that slow down portfolio delivery and how to kill them; PM World Journal, Vol. VIII, Issue IX, October. Available online at https://pmworldlibrary.net/wp-content/uploads/2019/10/pmwj86-Oct2019-Silva-Portman-creatures-that-slow-portfolio-delivery.pdf

Smit, M.J. (2017). Development of a project portfolio management model for executing organisational strategies: A normative case study, PM World Journal, Vol. VI, Issue XII, December. https://pmworldlibrary.net/wp-content/uploads/2017/12/pmwj65-Dec2017-Smit-project-portfolio-management-model-featured-paper.pdf

Virine, L.; Virine, E.; Trumper, M. (2019). Introduction to Portfolio Risk Management; PM World Journal, Vol. VIII, Issue IV (May).  Available online at https://pmworldlibrary.net/wp-content/uploads/2019/05/pmwj81-May2019-Virines-Trumper-introroduction-to-portfolio-risk-analysis.pdf

 

Articles, Blogs, Opinions

Fraser, I. (2020). Success Factors and Summary, Series on Boosting Organizational Value Through Smarter Portfolio Management; PM World Journal, Vol. IX, Issue XI, November. Available online at https://pmworldlibrary.net/wp-content/uploads/2020/11/pmwj99-Nov2020-Fraser-portfolio-management-success-factors-and-summary.pdf

Fraser, I. (2020). Boosting Organizational Value Through Smarter Portfolio Management: Portfolio Management Metrics and Reporting; PM World Journal, Vol. IX, Issue X, October. Available online at https://pmworldlibrary.net/wp-content/uploads/2020/09/pmwj98-Oct2020-Fraser-portfolio-management-metrics-and-reporting.pdf

Fraser, I. (2020). Boosting Organizational Value Through Project Management: Portfolio Management Techniques and Tools; PM World Journal, Vol. IX, Issue IX, September. Available online at https://pmworldlibrary.net/wp-content/uploads/2020/08/pmwj97-Sep2020-Fraser-portfolio-management-techniques-and-tools-series-article3.pdf

Fraser, I. (2020). Boosting Organizational Value Through Project Management:  Organizational Context, Strategy, Operations; PM World Journal, Vol. IX, Issue VIII, August. Available online at https://pmworldlibrary.net/wp-content/uploads/2020/07/PMWJ96-Aug2020-Fraser-portfolio-management-2-organizational-context-strategy-operations.pdf

Fraser, I., Taylor, M. (2020). Being the Best You Can Be: Advancing as a portfolio, program of work, or project professional, PM World Journal, Vol. IX, Issue IV, April. Available online at https://pmworldlibrary.net/wp-content/uploads/2020/04/pmwj92-Apr2020-Fraser-Taylor-be-the-best-you-can-be.pdf

 

Educational Multi-Media Lectures, Presentations, Videos

 

 

Books and Book Reviews

Everett, N. (2019). Implementing Project Portfolio Management, book review, PM World Journal, Vol. VIII, Issue II, February. https://pmworldlibrary.net/wp-content/uploads/2019/02/pmwj79-Feb2019-Everett-Implementing-Project-Portfolio-Management-book-review.pdf

Gamble, B.K. (2019). The Four Pillars of Portfolio Management, book review, PM World Journal, Vol. VIII, Issue VIII, September. https://pmworldlibrary.net/wp-content/uploads/2019/09/pmwj85-Sep2019-Gamble-Four-Pillars-of-Portfolio-Management-book-review.pdf

Haskin, E. A. (2019). Breakthrough Project Portfolio Management, book review, PM World Journal, Vol. VIII, Issue II, February. https://pmworldlibrary.net/wp-content/uploads/2019/02/pmwj79-Feb2019-Haskin-Breakthrough-Project-Portfolio-Management.pdf

 

Other Resources

 

 

More coming soon

This section of the library is a work in progress.  If you know of good resources to add here, please let us know.  If you are a student and might like to help, consider our research internship.  Click here for information or contact help@pmworldlibrary.net

This section of the PMWL created in April 2018

 

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