Proactively monitoring large project portfolios
By: Hopmere, M., Crawford, L. and Harre, M.S
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Material type: 
BookPublisher: Project Management Journal Description: 51(6), Dec, 2020: p.656-669.Subject(s): Project portfolio management, Risk management, Early warning signs, Time series forecasting
In:
Project Management JournalSummary: The discipline of project management has evolved over the years, yet projects still run into trouble, failing entirely, running late, or not delivering expected benefits. Program and portfolio managers need assistance identifying potentially troubled projects while they are being delivered, allowing time to intervene. We report on our investigation of whether project status reports from IT project portfolios can be used to predict projects that may be trending into trouble ahead of time. We found that this initial approach resulted in a high degree of accurate predictions opening new avenues of research in predicting project progress and health. – Reproduced
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | 51(6), Dec, 2020: p.656-669 | Available | AR125198 |
The discipline of project management has evolved over the years, yet projects still run into trouble, failing entirely, running late, or not delivering expected benefits. Program and portfolio managers need assistance identifying potentially troubled projects while they are being delivered, allowing time to intervene. We report on our investigation of whether project status reports from IT project portfolios can be used to predict projects that may be trending into trouble ahead of time. We found that this initial approach resulted in a high degree of accurate predictions opening new avenues of research in predicting project progress and health. – Reproduced
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