Investigating Association of Benefits and Barriers in Project Portfolio Management to Project Success

Research output: Contribution to journalConference article

7 Citations (Scopus)

Abstract

Projects are increasingly initiated by organisations across Australia in alignment with the corporate strategies. This paper investigates and analyses the application of PPM in Australia by conducting a questionnaire survey with senior project, program and portfolio managers across Australia. The results suggested improvement in decision making, maximizing resource usage, alignment with business strategy and organisational risk reduction are the most common benefits found when implementing PPM. On the other hand, internal politics and culture, lacking organisational management support, and disagreement on a common project prioritization approach are the main barriers impeding the application of PPM.

Original languageEnglish
Pages (from-to)274-281
Number of pages8
JournalProcedia Engineering
Volume182
DOIs
Publication statusPublished - 1 Jan 2017
Event7th International Conference on Engineering, Project, and Production Management, EPPM 2016 - Bialystok, Poland
Duration: 21 Sep 201623 Sep 2016

Keywords

  • portfolio management practices
  • project management
  • project portfolio management
  • project success

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