Value management in project portfolios: Identifying and assessing strategic value

Martinsuo, M; Killen, CP

Value management in project portfolios: Identifying and assessing strategic value

Martinsuo, M

Killen, CP

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Publication Type:: Journal Article
Citation:: Project Management Journal, 2014, 45 (5), pp. 56 - 70
Issue Date:: 2014-01-01

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Field	Value	Language
dc.contributor.author	Martinsuo, M https://orcid.org/0000-0002-0640-2911	en_US
dc.contributor.author	Killen, CP https://orcid.org/0000-0002-2370-7856	en_US
dc.date.issued	2014-01-01	en_US
dc.identifier.citation	Project Management Journal, 2014, 45 (5), pp. 56 - 70	en_US
dc.identifier.issn	8756-9728	en_US
dc.identifier.uri	http://hdl.handle.net/10453/31822
dc.description.abstract	© 2014 by the Project Management Institute. Projects are expected to bring value to their constituents. Value management in project portfolios has centered on the maximization of commercial value and identification of future business prospects. In this study, the goal is increased understanding of the identification and assessment of strategic, non-commercial value in project portfolios. We map the relevant dimensions of strategic value and supplement previous frameworks with the non-commercial aspects. Ecological, societal, and learning values have only been studied conceptually and qualitatively in earlier research. We propose future research on these values in quantitative settings and exploring collective sensemaking as part of project portfolio value management.	en_US
dc.relation.ispartof	Project Management Journal	en_US
dc.relation.isbasedon	10.1002/pmj.21452	en_US
dc.title	Value management in project portfolios: Identifying and assessing strategic value	en_US
dc.type	Journal Article
utslib.citation.volume	5	en_US
utslib.citation.volume	45	en_US
utslib.for	0806 Information Systems	en_US
utslib.for	1202 Building	en_US
utslib.for	1503 Business and Management	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building/School of Built Environment
utslib.copyright.status	closed_access
pubs.issue	5	en_US
pubs.publication-status	Published	en_US
pubs.volume	45	en_US

Abstract:

© 2014 by the Project Management Institute. Projects are expected to bring value to their constituents. Value management in project portfolios has centered on the maximization of commercial value and identification of future business prospects. In this study, the goal is increased understanding of the identification and assessment of strategic, non-commercial value in project portfolios. We map the relevant dimensions of strategic value and supplement previous frameworks with the non-commercial aspects. Ecological, societal, and learning values have only been studied conceptually and qualitatively in earlier research. We propose future research on these values in quantitative settings and exploring collective sensemaking as part of project portfolio value management.

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http://hdl.handle.net/10453/31822