Article ID Journal Published Year Pages File Type
275794 International Journal of Project Management 2014 12 Pages PDF
Abstract

•Portfolio committees may perform other roles than simply decision making.•The roles include: 1) communicator and consolidator 2) negotiator 3) decision maker.•The roles can be related to two portfolio governance design factors.•Decision making theories are not enough to describe PPM.

Governing project portfolios engages different actors in organizations including portfolio managers, portfolio officers, top managers, and others who may team up as portfolio steering committees. While portfolio steering committees play a regular role in project portfolio governance, their role is still unclear. Through an in-depth multiple case study in three Danish companies, the roles of portfolio steering committees were explored. The results showed that portfolio committees may play three distinct roles in portfolio governance: a) communication and consolidation role, b) negotiation role, and c) decision making role. The results challenged the notion that portfolio committee meetings are the place and time to make collective decisions on the portfolio, rather, portfolio steering committees might unintentionally become or intentionally be used for other purposes than decision making. The empirical evidence of the study proposes that these three roles might be related to two governance design factors: frequency and duration of committee meetings.

Related Topics
Physical Sciences and Engineering Engineering Civil and Structural Engineering
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