Lesson 2 Activities :
1. You will now need to go to the Lessons tab and to the Lesson 2 Activities folder and finally to the Lesson 2 Discussion Forum..
Please answer the questions in the Discussion Forum
- A number of these companies directly link new project proposals and market opportunities with their current portfolio of ongoing projects. What are the advantages to seeking complementarity between existing projects and new opportunities?
- If you were to design a set of criteria for project selection of an IT software developer when they examine their project opportunities, what are the criteria you would select? Why?
Sources: Foti, R., (2002), “Priority Decisions,” PMNetwork, vol. 16 (4): pp. 24-29.
Crawford, J.K. (2001), “Portfolio Management: Overview and Best Practices,” in J. Knutson (Ed.), Project Management for Business Professionals, Wiley: New York, pp. 33-48.
2. Next you will need to read:
- the PDF file of the GM/EDS Case Study which can also be found by going to the lessons tab and clicking on the Lesson 2 Activities folder.
- After reading please answer the questions in the GM/EDS Case Study Discussion Forum
References:
Artto, K.A., Martinsuo, M. and Aalto, T. (Eds.), (2001), Project portfolio management: Strategic management through projects. Helsinki, Project Management Association.
Artto, K.A. (2001), “Management of project-oriented organization – conceptual analysis,” in Artto, K.A., Martinsuo, M. and Aalto, T. (Eds.), (2001), Project portfolio management: Strategic management through projects. Helsinki, Project Management Association.
Brown, S.L. and Eisenhardt, K.M. (1997), “The art of continuous change: linking complexity theory and time-paced evolution in relentlessly shifting organizations,” Administrative Science Quarterly, Vol. 42 (1): pp: 1-34.
Cooper, R. and Edgett, S. (1997), “Portfolio management in new product development: Lesson from the leaders I,” Research Technology Management, Vol. 40 (5), pp: 16-28.
Dobson, M. (1999), The Juggler’s Guide to Managing Multiple Projects. Newtown Square, PA: Project Management Institute.
Dye, L.D. and Pennypacker, J.S. (Eds.), (1999), Project portfolio management: Selecting and prioritizing project for competitive advantage. West Chester, PA: Center for Business Practices.
Edgett, S.J. and R.G. Cooper, 2001, Portfolio Management for New Products, 2nd Ed., Perseus Books: New York
Elton, J. and Roe, J. (1998), “Bringing discipline to project management,” Harvard Business Review, March-April.
Foti, R. (2001), “Picking projects for profitability,” PMNetwork, vol. 15 (12), pp. 23-26.