Agile portfolio management: An empirical perspective on the practice in use

Agile project management methods revolutionized the way how software projects are executed and organized. The question, however, on how to enable agility outside of individual projects and help larger organizations to compete with small entrepreneurial companies requires further attention. As a possible perspective, project portfolio management provides a global view on resources and their distribution across individual projects according to strategic choices. Based on 30 interviews conducted in 14 large European organizations this study contributes to the understanding of agile project management methods applied in IT project portfolios. First, we empirically identify the domains of practice. Then, guided by literature and our data we discuss the characteristics and implications of the agile portfolio management practice in our case organizations.