Title: Project portfolio management: a landscape of the literature

Authors: Eduardo K. Yamakawa; Paulo A. Cauchick-Miguel; Thayla T. Sousa-Zomer; Catherine P. Killen

Addresses: Federal University of Santa Catarina (UFSC), Campus Universitário Trindade, Caixa Postal 476, 88040-970 Florianópolis, SC, Brazil ' Federal University of Santa Catarina (UFSC), Campus Universitário Trindade, Caixa Postal 476, 88040-970 Florianópolis, SC, Brazil; Department of Production and Systems Engineering, Federal University of Santa Catarina (UFSC), Campus Universitário Trindade, Caixa Postal 476, 88040-970 Florianópolis, SC, Brazil ' Federal University of Santa Catarina (UFSC), Campus Universitário Trindade, Caixa Postal 476, 88040-970 Florianópolis, SC, Brazil ' School of Built Environment, Faculty of Design, Architecture and Building, University of Technology Sydney, P.O. Box 123, Broadway, NSW 2007, Australia

Abstract: Project portfolio management (PPM) has a central position in both the business literature and companies' management practices. Although PPM has been practiced for decades and the theoretical contributions in the field have grown, overviews of the state-of-the-art of PPM research and its processes are scarce. Therefore, this paper analyses the PPM literature to identify relevant PPM concepts through a systematic literature review. This study analysed 470 articles, and the core PPM sub-categories were identified. The main findings show that, in general, two or more PPM sub-categories are collectively analysed in the publications, which indicates that there is a synergy among these sub-categories. Moreover, since the subject is somewhat broad, several tools have been developed to support the complex decision-making problems involving optimisation, statistical techniques, stochastic simulations, and artificial intelligence. For practitioners, the findings of this study may provide a useful basis for PPM implementation.

Keywords: project portfolio management; PPM; literature review.

DOI: 10.1504/IJBEX.2019.101529

International Journal of Business Excellence, 2019 Vol.18 No.4, pp.450 - 487

Received: 06 Jun 2017
Accepted: 26 Apr 2018
Published online: 12 Aug 2019 *

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