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The Role of Project Office for Project Portfolio Management

Author

Listed:
  • Matilda Alexandrova

    (University of National and World Economy, Sofia, Bulgaria)

  • Liliana Stankova

    (University of National and World Economy, Sofia, Bulgaria)

  • Angel Gelemenov

    (graduate of the University of National and World Economy, Sofia, Bulgaria)

Abstract

The paper focuses on the management of project portfolios as a novel and complex area in the practice of project-oriented organizations. The paper’s main goal is to review the role of project management office /PMO/ for enhancing the performance of organizational project portfolio. It considers several core issues and functions related to the process of implementation of PMO in a particular organization. A case study has been conducted in order to provide evidence about the benefits from the introduction of PMO in a company operating in the media sector. Results from the case study analysis shows that this approach to project management in a multi-project environment is to a large extent universal and can be successfully applied in similar organizational context.

Suggested Citation

  • Matilda Alexandrova & Liliana Stankova & Angel Gelemenov, 2015. "The Role of Project Office for Project Portfolio Management," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 19-30, March.
    • Handle: RePEc:nwe:eajour:y:2015:i:1:p:19-30
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    References listed on IDEAS

    as
    1. ,, 2000. "Problems And Solutions," Econometric Theory, Cambridge University Press, vol. 16(2), pages 287-299, April.
    2. Matilda Alexandrova & Daniela Staneva & George Petkov, 2014. "Local and Global Measures for Success and Reconstructive Determination of the Optimal Number of Partners in European Educational Projects," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 63-76, January.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    project management; project portfolio; project office;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General
    • O22 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Project Analysis

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