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Value-oriented decision making in agile project portfolios

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This paper explores the role of value in decision-making for agile project portfolios. It investigates how agile portfolios function, particularly in decision making involving multiple stakeholders to maximise value at the portfolio level. This is important because agile practices do not operate in isolation for projects in a portfolio. Decisions involve different stakeholders at various levels in an organisation with different constructs, interpretations and expectations of value.
This paper presents an in-depth single case study of an organisation who has adopted agile practices in Project Portfolio Management (PPM). The case is distinct as portfolio decisions and initiatives are driven by considerations of value. The theoretical framework applied in this study draws upon a value spectrum framework that is reinforced by sensemaking principles to explain the agile sequences and decision making to maximise value in the portfolio. This study traces how an agile portfolio underpinned by value is managed through short iterative cycles. The sequences outlined in the agile cycles and decision-making events identified could contribute to supporting organisations in considering how value can be embedded in their own project and portfolio management practices.
Original languageEnglish
Publication year2020
Publication statusPublished - 2020
EventIPMA Research Conference: "Projects as arena for self-organizing" - Online event, Berlin, Germany
Duration: 9 Sep 202011 Sep 2020
Conference number: 8


ConferenceIPMA Research Conference
LocationOnline event
Internet address

    Research areas

  • project portfolio management, Agile portfolio, value, sense making, Decision Making, Projekt portfølje

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