Influence of Portfolio Management in Decision-Making 23页

Journal of Industrial Engineering and Management
JIEM, 2018 – 11(3): 406-428 – Online ISSN: 2013-0953 – Print ISSN: 2013-8423

Abstract:
Purpose: This research aims to demonstrate how portfolio management influences the decision-making
process of the best projects for the company.
Design/methodology/approach: In order to reach this goal, the single case study method was used.
Initially, it was made a bibliometric with “portfolio management” subject followed by the term
“decision-making”. Thus, it was possible to do an analysis about the relationships between the themes.
Findings: One of the findings of this research was the migration of the portfolio management process
vision, from project controls tools to a process that aims at a strong alignment with the strategic
management of the organization. This is an important point to academic implication.
Research limitations/implications: The main academic implications of this research were to show how
it is possible to construct a model about the relations between project portfolio management and
decision-making.
Practical implications: Regarding the practical implications, it was verified the importance of the analysis
of the portfolio for decision-making, to the detriment of the evaluation of only one project.
Social implications: Thus, the companies can now concentrate its efforts in the analysis of profitability
and return on investment of the projects, assisting the whole process of decision-making.
Originality/value: The portfolio management influences the decision-making process.

Keywords: portfolio management, project management, strategic management, decision-making