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-List Of Titles -Dynamic capability through project portfolio management in service and manufacturing industries

Please use this identifier to cite or link to this item: http://hdl.handle.net/1959.14/92976

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Title
Dynamic capability through project portfolio management in service and manufacturing industries
Related
International journal of managing projects in business, Vol. 3, Issue 1 (2010), p.157-169
DOI
10.1108/17538371011014062
Publisher
Emerald
Date
2010
FoR/RFCD Code(s)
150300 Business and Management
Author/Creator
Killen, Catherine P
Author/Creator
Hunt, Robert A
Description
Purpose – The purpose of this paper is to summarise a recent doctoral thesis on the relationship between project portfolio management (PPM) and competitive advantage in service and manufacturing organisations. Design/methodology/approach – This two-phase mixed method study comprises a quantitative questionnaire-based survey and a qualitative multiple-case study to address the “what” and the “how” of the research questions. Findings – This paper adopts a “dynamic capabilities” perspective, drawing on organisational learning theory to explain the path-dependent nature of PPM capability development and how PPM capabilities work with the resource base to enhance competitive advantage. Findings support prior PPM studies and suggest a positive relationship between structured PPM capabilities and improved outcomes. The research compares service and manufacturing environments; future challenges are likely to result from the increasing blurring of the boundaries between service and manufacturing industries. Practical implications – The research has four main practical outcomes: development of a model representing the overall PPM capability; a benchmark for and guidance on specific PPM processes and methods; guidance on the types of organisational learning investments that enhance the establishment and evolution of PPM capabilities; and the initial development of an outcomes and learning-based maturity model for PPM capabilities. Originality/value – This paper produces the first benchmark of innovation PPM capabilities in Australia, and is the first to include service product-focused portfolios. It is the first study that identifies PPM capabilities as dynamic capability, allowing existing research to be viewed through the dynamic capability lens and, more importantly, providing a theoretical underpinning that may influence future research and practice.
Description
13 page(s)
Subject Keyword
150300 Business and Management
Subject Keyword
innovation
Subject Keyword
learning organizations
Subject Keyword
manufacturing industries
Subject Keyword
product development
Subject Keyword
project management
Subject Keyword
service industries
Resource Type
journal article
Organisation
Macquarie University. Macquarie Graduate School of Management

Identifier
http://hdl.handle.net/1959.14/92976
Identifier
ISSN:1753-8378
Identifier
mq-rm-2009010555
Language
eng
Reviewed
Reviewed
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Subject
"International journal of managing projects in business"
 
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