Project Management Institute

Effectiveness in Project Portfolio Management

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More and more, project managers are being tasked with managing multiple projects within an organization, which can take the form of a project portfolio. Managing this portfolio effectively is key to the success of the organization... and the project manager.

Join project management researcher-practitioners from Pennsylvania State University and the Stevens Institute of Technology as they go inside five different organizations from across the business spectrum. These dramatically different organizations, all shared one thing: the reliance upon effective project portfolio management for their success. In this landmark study, researchers were granted unprecedented access to reams of internal project documentation and hours of one-on-one time with key personnel, from C-Suite and project management executives to front-line staff. This enabled the team to assemble the inside story of how project portfolios were actually managed in each of these organizations, and identify what worked and what didn't. Using this understanding and a comprehensive literature review as a foundation, they created an empirically grounded definition of project portfolio management effectiveness that can be applied to organizations of all kinds.

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