Project Portfolio Management in the context of Strategic Management Theory

Authors

  • Ewa Sońta-Drączkowska Szkoła Główna Handlowa w Warszawie Kolegium Zarządzania i Finansów

Keywords:

portfolio management, strategy, strategic management, project management

Abstract

The article discusses the problems of portfolio management in the context of changes in the contemporary organisation environment. It emphasizes the role of project portfolio management in the implementation of corporate strategy and describes major goals, areas and conditions of effective implementation of the principles of organisation portfolio management. The conclusions drawn from the literature review indicate that strategic management and project management developed historically as independent areas and there are few studies integrating both perspectives. However, at present it is important to build the organisational skill to discover new potentials and to make use of the existing possibilities of the organisation. Projects help in finding new potentials. Therefore, project management is especially important to build a competitive advantage and renew strategy. The portfolio management requires a special attention as it constitutes an element combining strategy and projects. The article works out a synthesis of portfolio management significance in the context of diverse strategic theories of management.

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Published

2023-05-04

How to Cite

Sońta-Drączkowska, E. (2023). Project Portfolio Management in the context of Strategic Management Theory. Studies and Work of the Collegium of Management and Finance , (159), 127–145. Retrieved from https://econjournals.sgh.waw.pl/SiP/article/view/3422

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Section

Articles