Exploring ad-hoc portfolio management: Does it work, and is it the flexibility that supports project portfolio management?

Hepworth, Adrian, Misopoulos, Fotios ORCID: 0000-0002-0046-8055, Manthou, Vicky, Dyer, Ronald ORCID: 0000-0002-0030-7542 and Michaelides, Roula ORCID: 0000-0002-3444-4625 (2017) Exploring ad-hoc portfolio management: Does it work, and is it the flexibility that supports project portfolio management? CENTERIS 2017 - INTERNATIONAL CONFERENCE ON ENTERPRISE INFORMATION SYSTEMS / PROJMAN 2017 - INTERNATIONAL CONFERENCE ON PROJECT MANAGEMENT / HCIST 2017 - INTERNATIONAL CONFERENCE ON HEALTH AND SOCIAL CARE INFORMATION SYSTEMS AND TECHNOLOGIES, CENTERI, 121 (2017). pp. 345-355.

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Official URL: http://dx.doi.org/10.1016/j.procs.2017.11.047

Abstract

This work researched ad hoc decision making practices in multiple project environments. The aim of this research was to analyze the organisational motives and organisational structure that influences ad hoc behaviors and practices and explored the factors facilitating or impeding the practice. The methodology comprised both quantitative and qualitative data collection through a global web-based questionnaire survey and face-to-face semi-structured interviews. The study found that there are links between ad hoc, flexibility and the decision making process that influence organisational performance both positively and negatively. Flexibility was also found to be a key tool in leadership traits. The findings also indicate that successful organisations are efficient in management processes, implementing leadership and resource training programmes, have clear vision and are climbing the maturity ladder. Furthermore the results influenced the development of an agile, flexible decision making buffer model.

Item Type:	Article
Uncontrolled Keywords:	Ad hoc decision making, Project Portfolio Management, Flexibility, Buffer model, Multiple project environments
Depositing User:	Symplectic Admin
Date Deposited:	19 Dec 2017 09:21
Last Modified:	19 Jan 2023 06:46
DOI:	10.1016/j.procs.2017.11.047
Open Access URL:	http://authors.elsevier.com/sd/article/S1877050917...
Related URLs:	Author Publisher
URI:	https://livrepository.liverpool.ac.uk/id/eprint/3014478