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Project Portfolio Paper

854 Words4 Pages

The influence of organization structure on project portfolio success, effectiveness and business efficiency for project based organization.
Introduction
Effective management is known for its proper management of its projects and tasks . This includes various things like; increase the revenue of the organization by selecting realistic project and improving structuring which leads to better internal efficiency and external effectiveness and success.(Artto and Dietrich,2007).
This paper considers many things like influence on project portfolios within organization and other extensions ,represented by project department or business units. Organization or business unit mean the logical element or segment which perform specific functions such as marketing, production and accounting etc.
This paper represents many thing with the help of literature and other data, the coordination between the …show more content…

This mixture does not mandatory to encompass projects that have similar nature; but it is their strategic direction and objectives that gets them into the portfolio and keeps them inside the portfolio. Portfolio manager have responsibility to decide which type of projects best fit for the portfolio (Lycett et al., 2004). organization goal is to build a strong and reliable backlog that constitutes carefully selected projects. The accurate balance of such a project pool effects on the technology capabilities and investment or money needs that are tuned into the organization's resources and processes (Archer and Ghasemzadeh,2007) . The problem in maintaining this balance stems from the large range of possible project mixtures which form a portfolio under organization structural and other constraints. This constraints could be represented by technology, resources and the organization capabilities

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