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Integrating strategic aspects with project portfolio management: Exploring different ways to deal with organizational dependencies
2014 (English)In: 1st ANNUAL EDIM PhD CONFERENCE: Research Challenges in Contemporary Management Engineering, 2014Conference paper (Refereed)
Abstract [en]

The dominant part of project portfolio management literature is focused on standardized project management methods for planning, prioritizing, and resource allocation. Comprehensively addressing the resource dependency challenge, the mainstream literature overlooks other types of project dependencies, namely, technological and organizational dependencies. Arguing that a more comprehensive understanding of the dependencies is necessary, we explore how they can be dealt with when integrating the strategic aspects in the project portfolio management. The comparative case study of two different multi-project settings reveals that in both contexts a combination of vertical and horizontal communication mechanisms was used in order to enhance the strategic alignment. At the same time, principal mechanisms in the combinations were different. In the first case, a departmental head ensured the vertical connection to strategy and a PMO head enhanced the horizontal connections. In the second case, program steering groups both communicated the strategy and represented arenas for political negotiation. In turn, program managers further contributed to resolving organizational dependencies. The aim of this paper is to contribute to an improved understanding of different ways in which strategic aspects can be integrated with portfolio management, by exploring different ways to deal with the organizational dependencies.

Place, publisher, year, edition, pages
2014.
Keyword [en]
project portfolio, multi-project setting, strategic alignment, organizational dependencies, communication mechanisms, contingency perspective
National Category
Business Administration
Research subject
Business Studies; Industrial Engineering and Management
Identifiers
URN: urn:nbn:se:kth:diva-184872ISBN: 97888-6493-022-0OAI: oai:DiVA.org:kth-184872DiVA: diva2:917210
Conference
1st Annual EDIM PhD Conference, 2014, Milan, Italy
Note

NV 20160421

Available from: 2016-04-05 Created: 2016-04-05 Last updated: 2016-04-21Bibliographically approved

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Jerbrant, AnnaMiterev, MaximEngwall, Mats
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