Advancing project and portfolio management research: applying strategic management theories

Advancing project and portfolio management research: applying strategic management theories

Article type: Abstracts From: Strategic Direction, Volume 28, Issue 9

Killen C.P., Jugdev K., Drouin N., Petit Y.International Journal of Project Management, July 2012, Vol. 30 Issue: 5, Start page: 525, No. of pages: 14

This paper focuses on the application of strategic management theories to project management and project portfolio management research, specifically the resource-based view, dynamic capabilities, and absorptive capacity. A literature review and four research experiences illustrate the advances achieved through the use of these three theoretical perspectives, and contribute to the development of this field by providing examples and guidance for theory development and future research. Commonalities between the research examples include a strong strategic focus, recognition of the importance of knowledge and learning, and research questions seeking understanding and explanation. These research experiences outline the successful application of strategic management theories to a wide range of contexts, using diverse methodologies at a variety of levels of analysis. The findings indicate a broad potential for further fruitful research stemming from the relatively recent application of strategic management theories to project management and project portfolio management research. Article type: Literature review ISSN: 0263-7863 Reference: 41AK056

Keywords: Dynamic capabilities, Project management research, Project portfolio management, Project success and strategy, Resource-based view, Strategic management theory