Practical implications

Abstract

The practical implications of the research described in the foregoing chapters will be briefly discussed here. In the foregoing chapters it has been demonstrated that the given organizational environment as well as cultural and political factors exert a strong influence on IT project portfolio management. While early approaches towards project portfolio management were primarily concerned with procedural aspects and “good practices”, recent contributions have outlined that the complex interplay between the stakeholders involved in project portfolio management as well as different environmental factors need to be taken into account when adopting new IT governance arrangements and new project portfolio management practices.