Seven Decades of Project Portfolio Management Research (1950–2019) and Perspectives for the Future

Hansen, Lars Kr.; Svejvig, Per

doi:10.1177/87569728221089537

Cited by 21 publications

(40 citation statements)

References 179 publications

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“…In more detail, the objectives of project management ( Cha, et al, 2018;Hansen & Svejvig, 2022). On time, namely the time or schedule which is one of the main targets of the project, delays will result in losses (Do, Nguyen, Tran, & Aung, 2022;Rauzana & Dharma, 2022), such as additional costs, loss of opportunity for products to enter the market ; a) Right on budget (on budget), namely costs that must be incurred in accordance with a predetermined budget;, b) Precise specification (on specification) where the project must be in accordance with predetermined specifications.…”

Section: Theoreticmentioning

confidence: 99%

Analysis of Project Time and Cost Control With Cpm, Pert and Crashing Project Methods in Shop Building Projects at Cv. Mentari Permai

Rosalinda¹,

Nizmah²,

R³

et al. 2023

SJR

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Delays in completing the Kelapa Dua shop-house construction project at CV. Mentari permai is a problem that often arises and affects the overall project work. The purpose of this research is to determine the critical path, calculate the costs incurred in the construction of the Kelapa Dua shop-house construction project with the duration of the initial and accelerated work and calculate the percentage of achievement of the shop construction project at CV. Mutia Enchantment of Nature. To overcome these delays, several control methods are used in project management. The methods used in this research are the Critical Path Method, PERT (Program Evaluation and Review Technique) and the Crashing Project. The results of the CPM planning method analysis obtained the project completion time for 91 days from the initial duration of 154 days. Whereas in reality the CPM method, the project completion time is 101 days from the initial duration of 167 days. In the PERT method, the project completion time is 107 days from a duration of 181 days with a probability of completion of 0.62%. And in the crashing project there is an acceleration of the completion duration for 9 days with an increase in costs of Rp. 26,545,194 and a total cost of Rp. 506,613,766.

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Section: Theoreticmentioning

confidence: 99%

Analysis of Project Time and Cost Control With Cpm, Pert and Crashing Project Methods in Shop Building Projects at Cv. Mentari Permai

Rosalinda¹,

Nizmah²,

R³

et al. 2023

SJR

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“…Аналіз сучасних зарубіжних і вітчизняних досліджень і публікацій. Дослідження теорії та практики управління проєктами протягом останніх семи десятиліть (1950-2019) дозволило науковцям (Hansen, L. K. & Svejvig, P., 2022) оцінити зміни, які відбулися у сфері управління портфелем проєктів (PPM) [2] та перспективи на майбутнє. Дослідницькі групи (Shenhar & Dvir, 2004), які зосередилися на відмінностях проєктів, розробили типологічну теорію управління проєктами та дослідили традиційні концепції непередбачених ситуацій у проєктному середовищі; узагальнили свої дослідження в моделі NCTP, яка пропонує чотири виміри, що можна використовувати для класифікації більшості проєктів [3].…”

Section: зазначено що потребує активізації резервів пасивного потенці...unclassified

Управління Проєктами: Стан Та Перспективи Розвитку Підприємства

Овецька¹,

Кукудяк²

2022

EOU

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Trends in the theory and practice of project management over the past seven decades and prospects for the future have been studied. An analysis of the project management practice was carried out at SE "Industrial Association "Karpaty". It was established that the project practice of the enterprise is usually quite chaotic, unsystematic in nature and lacks clear methodological foundations of modern project management. The current level of maturity of the project management system of the enterprise under study was identified, which corresponds to the second level, namely the formation of the system. According to the results of the analysis of the strategic potential, it was concluded that SE "Industrial Association "Karpaty" currently has an average level of development potential (a powerful material and technical base, the use of modern technologies, a high culture of production and product quality, the export orientation of the company's projects). It was noted that passive potential reserves need to be activated for the successful implementation of enterprise development projects, which are prioritized in these difficult conditions and in the future. Recommendations have been developed to increase the maturity level of the project management system based on the Organizational Project Management Maturity Model (OPM3) as a global standard for organizational project management

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“…Leadership influences the organization's growth and viability [8][9][10]. Business and academia do not comprehend what constitutes a successful project or how to lead one [1,[10][11][12].…”

Section: Leadershipmentioning

confidence: 99%

The Influence of Human Capital on Construction Projects’ Management

Pionório¹,

Sebestyén²

2022

Proceedings of the Creative Construction E-Conference 2022

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Financial, physical, and intangible assets represent most of a corporation's assets. Human capital is the most valuable intangible resource, and activities aimed at increasing productivity have expanded dramatically. Several studies show a close connection between an organization's human capital and its overall performance. According to businesses, an organization's market value is less dependent on tangible than intangible resources, such as its human capital. Today, many emerging economies lack financial and human capital, despite having an adequate labor force. To overcome a human capital shortage, companies must consistently increase their investments in employee development, ensuring that their human capital procedures are in place to ensure the project's success. Knowledge, skills, and capacities are essential success criteria contributing to a project's timely completion. The project's success depends on various elements, including physical and financial capital, technology, and people. As a result, human resources receive less attention throughout the initial stages of the project, which is a design flaw on the part of the project's creator. Human capital methods may help people get the essential knowledge, skills, and capabilities. These tactics not only create human capital but also help projects run smoothly. These characteristics are crucial for project success. Even though human capital practices are critical to the project's success, they have received little attention. The interference of project management and human capital is an under-researched area. The authors review the role and impact of human capital on project management. The research links human capital and project success by examining the effect of human capital development techniques. Following a general introduction, the relationship and interaction between human capital and project success are discussed based on the most recent literature. Despite the limited literature, the authors also attempt to explore the link with the construction sector.

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Seven Decades of Project Portfolio Management Research (1950–2019) and Perspectives for the Future

Cited by 21 publications

References 179 publications

Analysis of Project Time and Cost Control With Cpm, Pert and Crashing Project Methods in Shop Building Projects at Cv. Mentari Permai

Analysis of Project Time and Cost Control With Cpm, Pert and Crashing Project Methods in Shop Building Projects at Cv. Mentari Permai

Управління Проєктами: Стан Та Перспективи Розвитку Підприємства

The Influence of Human Capital on Construction Projects’ Management

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