DR. PEERASIT PATANAKUL ASSISTANT PROFESSOR Key Determinants of Effectiveness in Project Portfolio Management 1 Dr. Peerasit.

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Presentation transcript:

DR. PEERASIT PATANAKUL ASSISTANT PROFESSOR Key Determinants of Effectiveness in Project Portfolio Management 1 Dr. Peerasit Patanakul Research grants from HSATM (2008) and PMI ( ) With Dr. Audrey Curtis and Brian Koppel

Research History Organizational Project Management  Project management standardization  Effectiveness in project portfolio management Management of Multiple Projects  Effectiveness in management of multiple projects  Project manager assignments  Competencies of multiple project managers Project management  Project strategy and project value  Project team structure and project success  Project management tools and techniques 2 Dr. Peerasit Patanakul

Effectiveness in PPM Dr. Peerasit Patanakul 3 PPM has been practiced for decades but: What is PPM effectiveness? What are the measures of PPM effectiveness? What are the key factors contributing to PPM effectiveness? Is PPM effectiveness context specific? Providing information to practitioners for adjusting PPM to achieved a desired level of performance

What make this research different? Dr. Peerasit Patanakul 4 Studying the executive level activities, especially executive strategic-decision making process Investigating PPM effectiveness from multiple levels Investigating other organizational factors, e.g. culture, structure and placement of PPM, and learning Investigating PPM effectiveness with regards to business contexts Developing measures for PPM effectiveness

Research approach Dr. Peerasit Patanakul 5 Case study research Interviews with executives, portfolio managers, PMO personnel, etc. Within-case and cross-case analyses Context specific PPM effectiveness Business contexts Key determinants of PPM effectiveness PPM Performance

What literature suggests Dr. Peerasit Patanakul 6 Effectiveness of the corporation can be measured by the degree to which it accomplished its purpose (Barnard, 1938), doing the right things (Drucker, 1963), achievement of goals (Brundney and England, 1982; Elmes and Wilemon, 1988) Nature of effectiveness is multidimensional and should be defined by a complex of stakeholders Culture, team leaders, and processes impact organizational effectiveness

Preliminary study Dr. Peerasit Patanakul 7 Strategic Planning and Strategic decision-making: Formal and information-based Project selection and resource allocation: Unbiased and strategy-based Organizational culture: Give & take, trust & honesty, extensive communication Executive governance: Objective-oriented and measureable strategic outcome Organizational structure: Project management supported Project management process: Documentation and oversight support timely decision making PPM Effectiveness

Next steps Dr. Peerasit Patanakul 8 Finalizing research grant from Project Management Institute ( ) Recruit additional research participants Conduct research, conduct research, conduct research Disseminate knowledge