John Wiley & Sons, Ltd.

Project Management Journal, Vol. 41, No. 4, 46–58

© 2010 by the Project Management Institute

Published online in Wiley Online Library

(wileyonlinelibrary.com). DOI: 10.1002/pmj.20201

PAPERS

Project Portfolios in Dynamic Environments: Sources of Uncertainty and Sensing Mechanisms

Yvan Petit, University of Quebec at Montreal, Montreal, Quebec, Canada

Brian Hobbs, University of Quebec at Montreal, Montreal, Quebec, Canada

ABSTRACT

This article addresses the research question: How is uncertainty affecting project portfolios managed in dynamic environments? The management of four portfolios was studied in two large multidivisional corporations. The portfolios were characterized by a high degree of uncertainty and many interdependencies ...

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