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Purpose – The purpose of this paper is to create a benchmark and identify best practices for Project Portfolio Management (PPM) for both tangible product‐based and service product‐based development project portfolios. Design/methodology/approach – A questionnaire was developed to gather data to...
Purpose – The concepts of real options analysis, which transfer options analysis for financial investments to those involving real properties, such as land and plant facilities, have already existed for 30 years. However, the actual application of real options analysis to technology portfolio...
Purpose – The purpose of this paper is to outline a structured Multi‐Criteria Decision Making (MCDM) methodology to help organisations efficiently allocate limited resources (investments in this case) to different R&D projects within attainable project portfolio strategy packages and select the...
Purpose – The purpose of this paper is to identify differences in managing a single project compared with that of a project portfolio, where focus and requirements are expanded, and where clear links to organizational objectives exist. Further, the aim is to propose a methodology for the...
Purpose – The purpose of this paper is to show that existing project portfolio management methods have failed to take firms' long‐term strategies into account. To overcome this limitation, it is proposed to suggest technology road‐maps (TRMs) as a tool to assist with project selection and...
Purpose – The purpose of this paper is to examine the behavior of decision makers in portfolio management meetings on innovation projects and to study decision‐making behavior at these meetings. Design/methodology/approach – The paper is based on the case‐study approach; a theoretical framework...
Purpose – Since the importance of implementing portfolio management is growing world‐wide, this paper seeks to report on case‐based research on portfolio management in a company that implemented it along with a new product development process. Design/methodology/approach – This paper uses a case...
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