Toward a project portfolio management evaluation framework

TY - CONF

T1 - Toward a project portfolio management evaluation framework

AU - Hansen, Lars Kristian

AU - Rode, Anna Le Gerstrøm

AU - Friis Sommer, Anita

AU - Svejvig, Per

N1 - ISSN 2466-7498 and ISBN 978-2-9602195-1-7

PY - 2019/6/1

Y1 - 2019/6/1

N2 - As projects constitute a major part of organizational budgets and strategic development, practitioners become dependent on project portfolio management (PPM). However, the existing knowledge on how to evaluate and improve PPM is rather fragmented and lacks empirical grounding. We ask: How can we develop a holistic and empirically validated PPM evaluation framework? Drawing on evaluation theory, we structure contributions from 20 PPM publications into a framework with four evaluation areas. Together with a large company, we develop, apply, and refine the framework. As a result, we offer two contributions: (1) a theory-ingrained artifact that structures a fragmented body of knowledge into four related PPM evaluation areas, and (2) a demonstration of how a theory-ingrained evaluation artifact can serve as an evaluation framework that helps practitioners identify strengths and improvement potential in PPM. In conclusion, we discuss how our results may inform future research and help organizations evaluate PPM.

AB - As projects constitute a major part of organizational budgets and strategic development, practitioners become dependent on project portfolio management (PPM). However, the existing knowledge on how to evaluate and improve PPM is rather fragmented and lacks empirical grounding. We ask: How can we develop a holistic and empirically validated PPM evaluation framework? Drawing on evaluation theory, we structure contributions from 20 PPM publications into a framework with four evaluation areas. Together with a large company, we develop, apply, and refine the framework. As a result, we offer two contributions: (1) a theory-ingrained artifact that structures a fragmented body of knowledge into four related PPM evaluation areas, and (2) a demonstration of how a theory-ingrained evaluation artifact can serve as an evaluation framework that helps practitioners identify strengths and improvement potential in PPM. In conclusion, we discuss how our results may inform future research and help organizations evaluate PPM.

KW - project portfolio management

KW - Action design research

KW - Evaluation

KW - Project management

KW - porteføljeledelse

KW - porteføljestyring

KW - ppm assessment

UR - http://www.euram-online.org/annual-conference-2019.html

M3 - Paper

SP - 1

T2 - EURAM 2019

Y2 - 26 June 2019 through 28 June 2019

ER -