Business, Management and Accounting
8 years ago

Maximizing business value through strategic project portfolio alignment

Improving project portfolio management with strategic alignment
Supachart Iamratanakul, Ravi Shankar, Nicholas Dimmitt

Paper Summary

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The article discusses how project portfolio management can be improved by aligning projects with business strategy. The main goals are maximizing portfolio value, balancing projects, and aligning them with the business strategy. The researchers used optimization techniques to select the most valuable projects and visual tools to create a balanced portfolio. By analyzing the alignment between project portfolio and business strategy, they found that this alignment positively impacts business performance. This study provides insights into how aligning projects with business strategy can benefit organizations.