International Journal of Academic Research in Business and Social Sciences

search-icon

Effect of Project Portfolio Management on the Performance of Business Organizations in Enugu Nigeria

Open access
With the advancement of technology, sophistication of customers and increasing emphasis on globalization, managers seem to be searching for new approaches to management enterprises. This study examines effect of project portfolio management on the performance of business organizations in Nigeria. The specific objectives were to: determine the effect of efficient project portfolio management on market share, ascertain the effect of efficient project portfolio management on lower prices and assess the effect of efficient project portfolio management on capital growth of business organizations in Enugu, Nigeria. The total population of two hundred and thirty (231) respondents were use. Data obtained from the study were presented in tables. The study hypotheses were tested using linear regression. The result of the study showed that project portfolio management has a significantly effects on market share in business organizations in Enugu (r = .738; p = .000); the result also revealed that efficient project portfolio management positively affects capital growth of business organizations(r =.730; p = .000). It was concluded that effective portfolio management affect the performance of business organization. Management of different organization should see it as a mandate to consistently improve on the project was recommended.
Akinwale, S. O. and Abiola, R. O. (2007). A conceptual model of asset portfolio decision making: a case study in a developing economy, African Journal of Business Management 1 (7), 192-200.

Akrani, G. (2011). What is portfolio management? Meaning and objectives. Kalyan City Life. Accessed from http://kalyancity.blogspot.com.ng/2011/10/whatisportfoliomanagementmeaninghtml on 4/4/2017.

Balogun, I. O. (2013).Portfolio Management: An appraisal of insurance industry’s investment profile under interest rate deregulation in Nigeria (1985 – 2007). International Journal of Business and Social Science . 4, 11-18.


Bedford A. Fubara, B. A. and Agundu, P. U. (2003). Strategic Portfolio Management Model: Contemporary Imperatives for Quoted and Unquoted Companies in Nigeria. Journal of African Business. 4(1),103-121. Available at http://dx.doi.org/10.1300/J156v04n01_06

Doorasamy, M. (2015). Product portfolio management: an important business strategy. Foundations of Management, 7(7), 18-29..DOI: 10.1515/fman-2015-0023


Hyväri, I. (2014). Project portfolio management in a company strategyimplementation, a case study, Social and Behavioral Sciences,119, 229 – 236.

Itegi, F. M. (2015). Improving organization performance: Project management approach sustainable development in face of globalization. Journal of Entrepreneurship & Organization Management. DOI:10.4172/2169-026X.1000155

Jonas, D. (2010).Empowering project portfolio managers: How management involvement impacts project portfolio management performance,International Journal of Project Management,28,818–831

Jugend, D &Silva, S. L. (2013). Product portfoliomanagement: A framework based on methods, organization, and strategy.Concurrent Engineering. Available at http://journals.sagepub.com/doi/pdf/10.1177/1063293X13508660

Killen, C. P., Hunt, R. A., Kleinschmidt, E. J. (2008). Project portfolio management for product innovation. International Journal of Quality & Reliability Management, 25(1), 24-38. DOI: 10.1108/02656710810843559http://dx.doi.org/10.1108/02656710810843559

Klein, G. A., Orasanu, J. M., Calderwood, R, Zsambok, C. (1993).Choice in action .Decision Making in Action: Models and Methods. Norwood: New Jersey, Ablex Publishing Corporation.

Koh, A. (2011). Portfolio management: roles, responsibilities and practices - A qualitative study. 8th Annual Project Management Australia conference (PMOz): Project management at the speed of light. Sydney, Australia. Available at http://epublications.bond.edu.au/sustainable_development/121

Lichtenthaler, U. (2014). Innovation portfolio management: enhancing new product performance. Performance, 6(4). Available at ey.com/performance

Morello, R. (2017). What is lower prices? Business & Entrepreneurship. Available at http://yourbusiness.azcentral.com/productmarketability13088.html

Müller, R., Martinsuo, M., &Blomquist, T. (2008). Project portfolio control and portfolio management performance in different contexts. Project Management journal. Available at http: //www. pmi .org/learning/l ibrary?topics=Portfolio+Management

Zsambok, C. E. & Klein, G. A. (1997). Naturalistic Decision Making. Mahwah, NJ: Lawrence Erlbaum Associates.
In-Text Citation: (Okechukwu & Egbo, 2017)
To Cite this Article: Okechukwu, E. U., & Egbo, D. E. (2017). Effect of Project Portfolio Management on the Performance of Business Organizations in Enugu Nigeria. International Journal of Academic Research in Business and Social Sciences, 7(9), 591–604.