Theoretical Framework and Strategy Research on Project Portfolio Management in Engineering Design Enterprises
- DOI
- 10.2991/978-94-6463-552-2_11How to use a DOI?
- Keywords
- Engineering Design; Project Portfolio Management; Theoretical Framework; Management Strategies
- Abstract
This paper delves into the theoretical framework and strategic research for project portfolio management within engineering design enterprises in the context of the VUCA environment, characterized by Volatility, Uncertainty, Complexity, and Ambiguity. It underscores the inadequacy of traditional project management models in addressing the complexities of modern engineering projects, advocating for a shift towards a project portfolio management approach. This approach is not just an aggregation of individual projects but involves the synergistic interaction and comprehensive optimization of multiple projects. The paper introduces a SRT (Strategy, Resources, and Technology) theoretical framework to guide engineering design enterprises in managing project portfolios under VUCA conditions. It also presents strategic recommendations for dynamic strategic planning, efficient resource allocation, enhanced risk assessment, and the promotion of technological innovation and knowledge sharing to ensure the success of project portfolios and enhance the competitiveness of enterprises.
- Copyright
- © 2024 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Hao Yao AU - Jinjin Yang PY - 2024 DA - 2024/10/27 TI - Theoretical Framework and Strategy Research on Project Portfolio Management in Engineering Design Enterprises BT - Proceedings of the 4th International Conference on Management Science and Software Engineering (ICMSSE 2024) PB - Atlantis Press SP - 109 EP - 117 SN - 2352-5401 UR - https://doi.org/10.2991/978-94-6463-552-2_11 DO - 10.2991/978-94-6463-552-2_11 ID - Yao2024 ER -