“…It has become the capability to accommodate the running of multiple projects, and to cope with the complexity of sharing and prioritizing resources between projects. This shift in emphasis is addressed by a number of authors, for example, Arenius, Artto, Lahti, and Meklin (2000), Gray and Larson (2000:10), and Rad (2000:3). The use of the term project portfolio management also shows a growing recognition in the literature for studying the simultaneous management of a range of projects (see for example Rad, 2002: 3 andTurner, 1994:4).…”