A study on impact of project management on portfolio management
Abstract
A project is intended to accomplish a particular target and has a characterized start and end. In more mature organizations, project managers work in or with a group or department called the Project Management Office (PMO).The main objective of study is to assess the impact of project management and portfolio managements on Organization performance and explain the benefits of portfolio management and management strategies in organizations. This research has designed based upon the analytical approach and the observations of previous work aim to identify the Project portfolio management (PPM) software provides an opportunity for organizations to improve PMO performance, make better decisions, and operationalize business strategy by centralizing demand management, prioritizing work, and improving visibility into the portfolio of projects.Findings show that nearly half the variation in portfolio management also needs other explanatory factors that may include standardization and other variables at project level, project strategic gain targets, portfolio management activities, type of portfolio, and so on
Published
How to Cite
Issue
Section
Allows users to: distribute and copy the article; create extracts, abstracts, and other revised versions, adaptations or derivative works of or from an article (such as a translation); include in a collective work (such as an anthology); and text or data mine the article. These uses are permitted even for commercial purposes, provided the user: gives appropriate credit to the author(s) (with a link to the formal publication through the relevant URL ID); includes a link to the license; indicates if changes were made; and does not represent the author(s) as endorsing the adaptation of the article or modify the article in such a way as to damage the authors' honor or reputation. CC BY
