PMOz Book of Abstracts (Sept. 2013) (Sept. 2013) | Page 38

Wednesday, 18 September 2013 13:45 – 14:15
The Literature Summary and Trends Analysis of Project Portfolio Management Hamed Sarbazhosseini PhD candidate University of Canberra
Today’s corporate world is competitive and in order to stay ahead it requires organisations to engage in multiple projects. For many organisations, managing concurrent projects is a key focus and can be complex. To gain optimum benefits organisations are implementing Project Portfolio Management (PPM). Furthermore selecting and prioritising the best projects based on strategy of the organisation and managing projects with scarce resources is paramount. Literature indicates recently PPM continues to be a key topic of interest and its benefits have been highlighted. However, research shows the number of successful projects is not desirable since project management commenced sixty years ago. The purpose of this paper is to clarify the meaning of PPM. In order to achieve this I have systematically reviewed PPM literature and analysed its trends. Analysis of these trends found that PPM has focused attention primarily on tools and techniques rather than goals and other concepts. The result of this analysis provides an overall impression of how the field is changing. This paper will be beneficial for research scholars and practitioners to further understand PPM and identify areas that need additional research.

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©PMOz 2013