Title :
Foundation of interdependency management in project portfolio management: A strategic view
Author_Institution :
Fac. of Technol. Manage., Lappeenranta Univ. of Technol., Lappeenranta, Finland
Abstract :
Interdependencies are used to make project selection process more effective and successful in project portfolio management. Despite of having roots in sixties and relatedness to famous theories, interdependencies are still less researched field. Prior research is mostly seen on emphasizing theoretical-practical techniques and not much interdependency phenomenon per se. Therefore foundation of subject is worth to be investigated deeply. On the basis of dominant themes within the interdependency field, the foundation of one important theme - strategy, is explained thoroughly. Project selection turned to be link between interdependency and strategic management - project selection is very important in strategic management, and interdependencies are very important in project selection. More direct link was expected, since interdependencies are portfolio level strategic issue.
Keywords :
investment; project management; strategic planning; interdependency management; project portfolio management; project selection; strategic management; Contingency management; Displays; ISO standards; Knowledge management; Portfolios; Productivity; Project management; Quality management; Research and development; Technology management; Interdependencies; strategy management;
Conference_Titel :
Management of Innovation and Technology (ICMIT), 2010 IEEE International Conference on
Conference_Location :
Singapore
Print_ISBN :
978-1-4244-6565-1
Electronic_ISBN :
978-1-4244-6566-8
DOI :
10.1109/ICMIT.2010.5492828