Chapter 4

A Definition of Project Portfolio Management Effectiveness

PPM effectiveness is the organizational capability to (1) form and govern a project portfolio such that the portfolio aligns with the organization's strategic direction, addresses risks and opportunities, and is adaptive to internal and external changes in order to provides short and long-term value or benefits to the organization, and (2) to manage projects in the portfolio to promote transparency, process consistency, visibility, and predictability of projects in the portfolio, and to promote integrity, cohesion, and the morale of the project community.

PPM Effectiveness in the Context of Each Organization

The research evidence indicates that, to a certain extent, PPM has ...

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