Handling project dependencies in portfolio management

Bilgin, Gozde; Eken, Görkem; Ozyurt, Beste; Dikmen, İrem; Birgönül, M. Talat; Özorhon, Beliz

doi:10.1016/j.procs.2017.11.048

Cited by 17 publications

(7 citation statements)

References 14 publications

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“…The main reason for this may be the seeking of success and high efficiency of the project in this area (Brown et al, 2007) and especially in raising employee competences (Ekrot et al, 2016; Saidoun, 2016) -as many as 37 articles deal with competence, with the main emphasis being placed on the role of leadership and managerial skills (Hyväri, 2016; Cooke-Davies, and Arzymanow, 2003) (15 articles). Several publications have focused on gender as an element affecting the way of management (Okoro, 2016;Bilgin et al, 2017;Legault, and Chasserio, 2012) and the importance of inter-cultural differences in building project teams (Lückmann, and Färber, 2016;Vlahov et al, 2016;Pheng, and Leong, 2000;Zwikael et al, 2005). It should be added, that the differences shown are considered as favourable and contributing factors to the way the project is conducted.…”

Section: Discussionmentioning

confidence: 99%

Achievements to date and existing research gaps in project management in the light of literature studies

Mindur¹,

Managemen²

2020

SPSUTOM

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The purpose of this article was to identify current development directions and potential research gaps in project management. Design/methodology/approach: The method of systematic review of articles published in the Elsevier-Science Direct database in the years 2000-2019 was used, where the search phrase was "project management" and the type of articles was "research articles". In order to answer the research questions posed, an additional method of analysis and criticism of the literature was used. Findings: The following conclusions were drawn from the analysis of the articles: a) almost a third of them concerned the practical application of PM issues in one clearly defined sector of the economy, with the most common reference being to the building sector and IS/IT, b) most articles were created in English-speaking countries (47%), c) the largest number of articles concerned the area of human resource (HR) management, including many subjects of qualifications and leadership, d) of the ten areas of knowledge specified in PMBoK, "HR" and "scheduling/time" were the most popular, followed by risk-related issues. Practical implications: The findings of this article would contribute to building a strong and coherent theory and identify best practices in project management. Originality/value: The most important achievement is the recognition of two areas of knowledge-lean management and game theory-where little research has been done so far, and whose solutions and methods could be successfully implemented inside PM.

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Section: Discussionmentioning

confidence: 99%

Achievements to date and existing research gaps in project management in the light of literature studies

Mindur¹,

Managemen²

2020

SPSUTOM

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“…(iii) Dependencies: Appropriate Project Management Methodology aligned with project management tools helped the team to identify dependencies throughout the planning. Dependency Management to identify, record, monitor, and control inter-related tasks ensured the success on time and within the budget (Bilgin et al, 2017). (iv) Organizational Structure: The use of a Matrix organizational structure wherein the functional manager is consistent regardless of which project the employee is supporting ensured effective and clear communication between the employees.…”

Section: Analysis Of Case Studymentioning

confidence: 99%

Contributing Factors Impacting Project Successfulness

2021

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This research paper comprises three different case studies taken under consideration and involves a step-by-step analysis of all three. The analysis of these case studies is based on the fundamentals of Project Management Techniques and the way it was implemented by the Project Managers during the different phases of the project to achieve success. The purpose of this research is to study the projects which avoided failure even at the toughest times and proved any project can be successful if managed and executed with proper project management techniques. The methodology used for conducting this research was Interview methodology aligned with the Case study approach. Project Managers of the mentioned projects were interviewed to accumulate accurate and authentic information to analyze, discuss and reach conclusion. Overall, the reason behind the study is to demonstrate that under appropriate guidance by project managers and the use of relevant project management techniques, factors leading to project failure could be identified and mitigated to ensure success.

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“…Another network mapping tool that complements the VPM tool was developed by Bilgin et al (2017). An overlap or similarity measure between any two projects is introduced in this tool.…”

Section: Network Mappingmentioning

confidence: 99%

“…However, Bilgin et al's (2017) tool considers only mutual interdependencies between two projects and ignores sequential interdependencies. Moreover, Bilgin et al (2017) stated that the similarity measure does not apply to outcome interdependencies. The similarity, or overlap, measure also does not consider an accumulated, or multilevel, interdependencies effect when calculating the overall interdependency.…”

Section: Network Mappingmentioning

confidence: 99%

See 1 more Smart Citation

Modeling and analyzing project interdependencies in project portfolios using an integrated social network analysis-fuzzy TOPSIS MICMAC approach

Zaabi

Bashir

2020

Int J Syst Assur Eng Manag

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Despite academics' and practitioners' increasing focus on project portfolio management over the last three decades, very few methods and tools have been proposed for modeling and analyzing interdependencies among projects within a portfolio. This paper proposes the use of a novel approach that integrates three techniques: social network analysis (SNA), fuzzy technique for order of preference by similarity to ideal solution (TOPSIS), and cross-impact matrix multiplication applied to classification (MICMAC). Network mapping provides project managers with a holistic view of interdependencies among projects; fuzzy TOPSIS MICMAC and SNA measures are used to classify projects in terms of their driving power and dependence power and out-and in-degree centrality. This categorization offers a helpful tool for project managers to distinguish among projects and classify them based on their interdependency levels, and thus, aids in identifying critical projects. For the demonstration, the approach is applied to model and analyze interdependencies between projects within a real-life portfolio from the industry. The results of this application show that the proposed approach can serve as a viable and practical means of capturing and analyzing interdependencies among projects within a portfolio. Keywords Projects portfolio management Á Project interdependencies Á Social network Á Visual tools Á Fuzzy TOPSIS Á Integrated network-fuzzy cross-impact matrix multiplication analysis (MICMAC) JEL Classification H43 Á M1 Á O22

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Handling project dependencies in portfolio management

Cited by 17 publications

References 14 publications

Achievements to date and existing research gaps in project management in the light of literature studies

Achievements to date and existing research gaps in project management in the light of literature studies

Contributing Factors Impacting Project Successfulness

Modeling and analyzing project interdependencies in project portfolios using an integrated social network analysis-fuzzy TOPSIS MICMAC approach

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