Can product modularization approaches help address challenges in technical project portfolio management? – Laying the foundations for a methodology transfer
Formalized Project Portfolio Management (PPM) models struggle to provide comprehensive solutions to project selection, resource allocation and adaptability to dynamic technology project environments. In this article, we introduce a vision for a novel Modular Project Portfolio Management (MPPM) appr...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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UMinho Editora
2022-07-01
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| Series: | International Journal of Information Systems and Project Management |
| Subjects: | |
| Online Access: | https://revistas.uminho.pt/index.php/ijispm/article/view/4083 |
| _version_ | 1818159547153383424 |
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| author | Thorsten Lammers Matthias Guertler Henning Skirde |
| author_facet | Thorsten Lammers Matthias Guertler Henning Skirde |
| author_sort | Thorsten Lammers |
| collection | DOAJ |
| description |
Formalized Project Portfolio Management (PPM) models struggle to provide comprehensive solutions to project selection, resource allocation and adaptability to dynamic technology project environments. In this article, we introduce a vision for a novel Modular Project Portfolio Management (MPPM) approach by drawing on well-established engineering methods for designing modular product architectures. We show how systems theory can be used to enable a transfer of methods from the area of engineering design and manufacturing to the area of PPM and how the concept of product modularity could help address challenges of existing PPM approaches. This lays the groundwork for the possible development of MPPM as a new and innovative methodology for managing complex technology and engineering project landscapes.
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| first_indexed | 2024-12-11T15:47:43Z |
| format | Article |
| id | doaj.art-6134b16dff654ab3ad7e602b1843d8e2 |
| institution | Directory Open Access Journal |
| issn | 2182-7788 |
| language | English |
| last_indexed | 2024-12-11T15:47:43Z |
| publishDate | 2022-07-01 |
| publisher | UMinho Editora |
| record_format | Article |
| series | International Journal of Information Systems and Project Management |
| spelling | doaj.art-6134b16dff654ab3ad7e602b1843d8e22022-12-22T00:59:39ZengUMinho EditoraInternational Journal of Information Systems and Project Management2182-77882022-07-0110210.12821/ijispm100202Can product modularization approaches help address challenges in technical project portfolio management? – Laying the foundations for a methodology transferThorsten Lammers0Matthias Guertler1Henning Skirde2Centre for Advanced Manufacturing, University of Technology SydneyCentre for Advanced Manufacturing, University of Technology SydneyID-Consult GmbH Formalized Project Portfolio Management (PPM) models struggle to provide comprehensive solutions to project selection, resource allocation and adaptability to dynamic technology project environments. In this article, we introduce a vision for a novel Modular Project Portfolio Management (MPPM) approach by drawing on well-established engineering methods for designing modular product architectures. We show how systems theory can be used to enable a transfer of methods from the area of engineering design and manufacturing to the area of PPM and how the concept of product modularity could help address challenges of existing PPM approaches. This lays the groundwork for the possible development of MPPM as a new and innovative methodology for managing complex technology and engineering project landscapes. https://revistas.uminho.pt/index.php/ijispm/article/view/4083project portfolio managementtechnology projectsmodular product architecturesystems theorymethod transferproject selection |
| spellingShingle | Thorsten Lammers Matthias Guertler Henning Skirde Can product modularization approaches help address challenges in technical project portfolio management? – Laying the foundations for a methodology transfer International Journal of Information Systems and Project Management project portfolio management technology projects modular product architecture systems theory method transfer project selection |
| title | Can product modularization approaches help address challenges in technical project portfolio management? – Laying the foundations for a methodology transfer |
| title_full | Can product modularization approaches help address challenges in technical project portfolio management? – Laying the foundations for a methodology transfer |
| title_fullStr | Can product modularization approaches help address challenges in technical project portfolio management? – Laying the foundations for a methodology transfer |
| title_full_unstemmed | Can product modularization approaches help address challenges in technical project portfolio management? – Laying the foundations for a methodology transfer |
| title_short | Can product modularization approaches help address challenges in technical project portfolio management? – Laying the foundations for a methodology transfer |
| title_sort | can product modularization approaches help address challenges in technical project portfolio management laying the foundations for a methodology transfer |
| topic | project portfolio management technology projects modular product architecture systems theory method transfer project selection |
| url | https://revistas.uminho.pt/index.php/ijispm/article/view/4083 |
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