Authors:
Ruud Wissenburg
;
Rob Kusters
and
Harry Martin
Affiliation:
Information Science Department, Open University, Valkenburgerweg 177, Heerlen, The Netherlands
Keyword(s):
IT Project Portfolio, IT Project Portfolio Management, IT Project Portfolio Management Reference Model, Portfolio Management Process, Portfolio Management Roles, Portfolio Management Responsibilities.
Abstract:
IT Project Portfolio Management has been implemented in most organizations to effectively manage complex portfolios of IT projects and balance them with business strategy. Several standards for portfolio management have been published, but the scientific literature still lacks a theoretically grounded and practically validated reference model for analyzing the implementation of IT Project Portfolio Management in an organization. Therefore, this study designs and validates a reference model for systematically analyzing IT Project Portfolio Management design choices in an organization in terms of processes, roles, responsibilities, and authority. Organizations can use the reference model to systematically assess their local implementation of IT Project Portfolio Management and identify areas for improvement.