Principles in Project Portfolio Management: Building Upon What We Know to Prepare for the Future

TY - JOUR

T1 - Principles in Project Portfolio Management:

T2 - Principles in Project Portfolio Management: Building Upon What We Know to Prepare for the Future

AU - Hansen, Lars Kristian

AU - Svejvig, Per

N1 - Based on an extensive literature review we critically examine the limitations of 17 identified principles and their underlying assumptions. Recognizing the evolving needs of future organizations, we propose a pathway for the development of new PPM principles.

PY - 2023/12

Y1 - 2023/12

N2 - Since the 1950s, project portfolio management (PPM) has offered principles helping us to act in PPM-related situations. Our study integrates what we know by reviewing seven decades of PPM research. We identify 17 PPM principles in four categories that have shaped our thinking and show how these are embedded in a semantical hierarchy. By doing so we shed light on the thoughts, intentions, and practices behind the principles, which support practitioners in becoming knowledgeable agents. By reflecting on the deficits of the identified principles’ underlying assumptions, we propose a path for future research.

AB - Since the 1950s, project portfolio management (PPM) has offered principles helping us to act in PPM-related situations. Our study integrates what we know by reviewing seven decades of PPM research. We identify 17 PPM principles in four categories that have shaped our thinking and show how these are embedded in a semantical hierarchy. By doing so we shed light on the thoughts, intentions, and practices behind the principles, which support practitioners in becoming knowledgeable agents. By reflecting on the deficits of the identified principles’ underlying assumptions, we propose a path for future research.

KW - Responsible Consumption and Production

KW - emancipatory

KW - engaged practice

KW - engaged scholarship

KW - environmental responsibilities

KW - knowledge perspective

KW - moral responsibilities

KW - project portfolio management

KW - rethinking

KW - ethics

KW - sustainability

KW - principles

KW - systematic literature review

U2 - 10.1177/87569728231178427

DO - 10.1177/87569728231178427

M3 - Journal article

SN - 8756-9728

VL - 54

SP - 607

EP - 628

JO - Project Management Journal

JF - Project Management Journal

IS - 6

Y2 - 28 July 2023

ER -