February 2024
Intermediate to advanced
666 pages
17h 40m
English
Content preview from The Handbook of Project Management, 6th Edition
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Chapter 35 Managing project portfolios
Hans Georg Gemünden and Alexander Kock
Introduction
In today’s dynamic environment, organizing by projects has become the rule rather than the exception, and companies use projects as temporary organizations to develop innovative solutions and transform themselves. Typically, they run many projects concurrently, and generally, the share of project work increases compared to operational work (Schoper et al., 2018). Especially when implementing complex innovations, it is not enough for organizations to focus on successfully managing individual innovation projects; they must also manage a large number of interdependent projects from a portfolio perspective.
A project portfolio ...
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