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A system of management principles to improve the performance of innovative project portfolios

By: Gemünden, Hans Georg and Kock, Alexander.
Material type: materialTypeLabelBookPublisher: Project Management Journal Description: 56(3), Jun, 2025: p.411-425.Subject(s): Principles for project management, Project fiction, Project lineage, Ambition, alignment, Ambidexterity, Adaptability, Anticipation. Agility In: Project Management JournalSummary: In this article, we develop a system of six management principles to enhance the success of innovative project portfolios. Ambition for a high degree of innovation and proactive anticipation of project sequences help drive and direct the long-term innovation strategy. On the tactical level, alignment contributes to resource spending, reflecting strategic goals and realizing synergies between projects. Ambidexterity supports an adequate balance between exploratory and exploitative projects. Adaptability and agility operationally foster managing the dynamics of project portfolios. Empirically, all principles but ambidexterity relate significantly positively to project portfolio success, accounting for 45% of the variance in project portfolio success.- Reproduced https://journals.sagepub.com/doi/full/10.1177/87569728251336734
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Articles Articles Indian Institute of Public Administration
56(3), Jun, 2025: p.411-425 Available AR137044

In this article, we develop a system of six management principles to enhance the success of innovative project portfolios. Ambition for a high degree of innovation and proactive anticipation of project sequences help drive and direct the long-term innovation strategy. On the tactical level, alignment contributes to resource spending, reflecting strategic goals and realizing synergies between projects. Ambidexterity supports an adequate balance between exploratory and exploitative projects. Adaptability and agility operationally foster managing the dynamics of project portfolios. Empirically, all principles but ambidexterity relate significantly positively to project portfolio success, accounting for 45% of the variance in project portfolio success.- Reproduced

https://journals.sagepub.com/doi/full/10.1177/87569728251336734

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