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portfolio management
ABSTRACT

Selection of right sets of projects is considerably critical for organizations to successfully achieve their competitive advantages and corporate strategies.
Due to limited resources and dynamic changes in business environment, this kind of selection is quite challenging for organizations. Beside one hundred selection tools and techniques, academics and practitioners have studied and recommended complex selection frameworks to facilitate the selection of right projects. However, these theoretical frameworks are not applied by private corporations in Vietnam. Therefore, this dissertation is intended to better understand the academic and practical literature about project portfolio selection; study

current

practices

of

project

selection that

private

corporations in Vietnam are using; and propose a framework that is beneficially adaptable to these private corporations. A multiple-case study strategy accessing qualitative data through observations and semi-structure interviews is designed to investigate how private corporations select their project portfolio under the current contexts of booming economy in Vietnam to ensure successful realization of their growth and development strategy. The recommendations resulted from literature review and investigations do not only support the investigated corporations to improve the quantity and quality of their investment project portfolio(s) but also facilitate possible adaptation to project portfolio selection by other private corporations.

Key Words: Project Selection, Project Portfolio Selection,
Private Corporations, Vietnam

i

Table of Content
ABSTRACT ......................................................................................................................................................... i
TABLE OF CONTENT .....................................................................................................................................ii



References: 12manage. (2007). Portfolio Management Based on Market Share and Market Growth Amason, A. C. (1996). Distinguishing the Effects of Functional and Dysfunctional Conflict on Strategic Decision Making: Resolving a Paradox for Top Management Teams. Academy of Management Journal, 39 (1), 123148. APM. (2006). APM Body of Knowledge, 5th ed. High Wycombe, UK: Author. Archer, N.P. and Ghasemzadeh, F. (1996). Project Portfolio Selection Techniques: A review and Suggested Integrated Approach Pennypacker, J.S. (eds.) (1999) Project Portfolio Management: Selecting and Prioritizing Projects for Competitive Advantage, pp Archer, N.P. and Ghasemzadeh, F. (1999). An Integrated Framework for Project Portfolio Selection Archibald, R. D. (2004). A Global System for Categorizing Projects: The Need for, Recommended Approach to, Practical Uses of, and Description of a (2004). Innovations-Project Management Research 2004, chapter 7. November 30, 2007 from http://www.project-portfolio-managementblog.com/ Barney, J BCG. (1970). The Product Portfolio. Boston Consulting Group, Inc. Retrieved November 15, 2007 from Better, M. & Glover, F. (2006). Selecting Project Portfolios by Optimizing Simulations Blichfeldt, B. S. & Eskerod, P. (2007). Project Portfolio Management - There’s More to It than What Management Enacts Blomquist, T & Müller, R. (2006). Middle Managers in Program & Project Portfolio Management: Practices, Roles & Responsibilities Bolman, L. G. & Deal, T. E. (1991). Reframing Organizations. New York, USA: Jossey-Bass. Bridges, D.N. (1999). Project Portfolio Management: Ideas and Practices. In Dye, L.D Byers, S. S., et al. (1997). Capital Investment Analysis for Managers. Journal of Management Decision, 35 (3), 250-257. Chien, C. F. (2002). A Portfolio Evaluation Framework for Selecting R&D Projects Chrusciel, D. & Field, D. W. (2006). Success Factors in Dealing with Significant Change in an Organization Cleland, D. I. (1999). The Strategic Context of Projects. In Dye, L.D. and Pennypacker, J.S Collins, B. M. & Fabozzi, F. J. (1991). A Methodology for Measuring Transaction Costs Combe, M.W. (1999). Portfolio Prioritization in a Large Functional Organization. In Dye, L.D. and Pennypacker, J.S. (eds.) (1999) Project Portfolio Management: Selecting and Prioritizing Projects for Competitive Advantage, Cooke-Davies, T. (2002). The “Real” Success Factors on Projects. International Journal of Project Management, 20 (3), 185-190. Cooper, R. G. (2005). Portfolio Management for Product Innovation. In Levine, H Cooper, R. G., Edgett, S. J., & Kleinschmidt, E. J. (1997a). Portfolio Management in New Product Development: Lessons from the Leaders—I. Cooper, R. G., Edgett, S. J., & Kleinschmidt, E. J. (1997b). Portfolio Management in New Product Development: Lessons from the Leaders—II. Cooper, R. G., Edgett, S. J., & Kleinschmidt, E. J. (1998). "Best Practices for Managing R & D Portfolios," Research Technology Management 41, 4: 20– Cooper, R. G., Edgett, S. J., & Kleinschmidt, E. J. (2000). New Problems, New Solutions: Making Portfolio Management More Effective Cooper, R. G., Edgett, S. J., & Kleinschmidt, E. J. (2001a). Portfolio Management for New Products, 2nd edition Cooper, R. G., Edgett, S. J., & Kleinschmidt, E. J. (2001b). Portfolio Management in New Product Development: Results of an Industry Practices Crawford, L., J. B. Hobbs & J.R. Turner. (2005). Project Categorization Systems

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