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The Effects of Maturity of Project Portfolio Management and Business Alignment on PMO Efficiency

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  • Joong Hoon Ko

    (Department of Business Administration, Hanyang University, Seoul 04763, Korea)

  • Daecheol Kim

    (School of Business, Hanyang University, Seoul 04763, Korea)

Abstract

The purpose of this research is to analyze efficiencies of project management offices (PMOs) using the data envelopment analysis (DEA). As the post-analysis of the efficiency analysis, the causal factors affecting the efficiencies of PMOs were tested. 87 PMOs were used to analyze their efficiencies. In the constant returns-to-scale model, 11 PMOs were completely efficient and 76 PMOs were inefficient. In the variable returns-to-scale (VRS) model, 26 PMOs were efficient and 61 PMOs were inefficient. The efficiency analysis by the DEA has the advantage of deriving the scale efficiency for each DMU. From the result of the post-analysis, it was found that the PMO efficiency was positively influenced by the project portfolio management maturity (PPMM) and the degree of strategic alignments with the business goals. In conclusion, by improving PPMM and strengthening the strategic alignments with business goals, higher efficiency and performance of the PMO can be expected.

Suggested Citation

  • Joong Hoon Ko & Daecheol Kim, 2019. "The Effects of Maturity of Project Portfolio Management and Business Alignment on PMO Efficiency," Sustainability, MDPI, vol. 11(1), pages 1-16, January.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:1:p:238-:d:195119
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    References listed on IDEAS

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    2. Andrej Miklosik, 2015. "Improving project management performance through capability maturity measurement," Proceedings of Economics and Finance Conferences 2204288, International Institute of Social and Economic Sciences.
    3. Kyungwan Ko & Meehyang Chang & Eun-Song Bae & Daecheol Kim, 2017. "Efficiency Analysis of Retail Chain Stores in Korea," Sustainability, MDPI, vol. 9(9), pages 1-14, September.
    4. R. D. Banker & A. Charnes & W. W. Cooper, 1984. "Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis," Management Science, INFORMS, vol. 30(9), pages 1078-1092, September.
    5. Charnes, A. & Cooper, W. W. & Rhodes, E., 1978. "Measuring the efficiency of decision making units," European Journal of Operational Research, Elsevier, vol. 2(6), pages 429-444, November.
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