Research ArticleOpen AccessGoogle Scholar indexed
New Techniques in Project Management
Massachusetts Institute of Technology, Cambridge, USA
- 1 Massachusetts Institute of Technology, Cambridge, USA
American Journal of Industrial and Business Management·Volume 04 (2014)·Pages 739–750·Published 10 December 2014·DOI10.4236/ajibm.2014.412080
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Abstract
Managing multiple candidate initiatives and in-flight projects across business units is a big challenge for organizations. Tracking progress of projects while balancing demand against available resources to ensure successful completion is difficult. Increasingly, organizations deploy a Project Portfolio Management (PPM) system. These new PPM solutions simplify portfolio governance and strive to guide enterprise innovation. For maximum benefits, the frameworks that shepherd initiatives and bolster project efficiency must not obstruct ideation, bottom-up creativity and entrepreneurship.
KeywordsProject ManagementPortfolio OptimizationInnovation
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