Author : Tomas Blomquist
Release : 2006
Genre : Portfolio management
Kind : eBook
Book Rating : /5 ( reviews)
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Book Synopsis Practices, Roles, and Responsibilities of Middle Managers in Program and Portfolio Management by : Tomas Blomquist
Download or read book Practices, Roles, and Responsibilities of Middle Managers in Program and Portfolio Management written by Tomas Blomquist. This book was released on 2006. Available in PDF, EPUB and Kindle. Book excerpt: As more organizations implement projects and use project management to achieve business objectives more economically, more of such organizations are also embracing program and portfolio management (PPM) to successfully manage their numerous projects. This paper examines the PPM practices of project-based organizations and the roles and responsibilities of middle-mangers working within those organizations. It discusses PPM's relationship to project governance and identifies PMI's definitions of program management and portfolio management; it describes transaction cost economics in relation to organizational governance mechanisms and outlines this investigation's two research questions: How does project type and environmental complexity determine the way organizations use PPM? What are the practices, roles, and responsibilities of both program and portfolio managers? It addresses these questions through a multi-method investigation: a literature review focusing on PPM performance, processes, and competencies, from which the authors develop four hypotheses concerning the relationship between environmental complexity and PPM implementation; and two studies (one qualitative, one quantitative) on environmental complexity, project type, and PPM practices, roles, and responsibilities. It analyzes the results of these two studies in relation to the two research questions and four hypotheses.