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
