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The Role of Project Office for Project Portfolio Management

Matilda Alexandrova (), Liliana Stankova () and Angel Gelemenov ()
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Liliana Stankova: University of National and World Economy, Sofia, Bulgaria
Angel Gelemenov: graduate of the University of National and World Economy, Sofia, Bulgaria

Economic Alternatives, 2015, issue 1, 19-30

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.

Keywords: project management; project portfolio; project office (search for similar items in EconPapers)
JEL-codes: M10 M20 O22 (search for similar items in EconPapers)
Date: 2015
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Handle: RePEc:nwe:eajour:y:2015:i:1:p:19-30