Publicação
Disclosing the tacit links between risk and success in organizational development project portfolios
| Resumo: | Project portfolios aim to impact organizational strategic goals, influencing both the organization’s business model and its processes. Nonetheless, the actual impact is dependent on the portfolio’s success, which is affected by the materialization of risk factors. This study aims to examine the tacit conceptualization of project portfolio risk as a risk measure explicitly based on project portfolio success itself. In order to focus on the portfolios of organizational development projects, Social Representation Theory was adopted to analyze empirical evidence from twenty-eight semi-structured interviews conducted with project portfolio practitioners. Findings showed that strategic fit, future preparedness, and stakeholder satisfaction were dimensions of success within which project portfolio risk could be conceptualized. Additionally, results evidenced that risk factors influenced project portfolio success through systematic and non-systematic impacts on project portfolio outputs, and also had direct impacts on project portfolio outcomes. This paper provides empirical evidence to back up the conceptualization of project portfolio risk explicitly oriented to portfolio success as a multidimensional risk measure. It represents a new avenue for conducting portfolio risk analysis for both practitioners and academics, orienting the decision-making process based on the portfolio success rather than only on the success of each project. |
|---|---|
| Autores principais: | Micán, Camilo |
| Outros Autores: | Fernandes, Gabriela; Araújo, Maria Madalena Teixeira de |
| Assunto: | project portfolio risk risk management project portfolio success portfolio management risk factors; organizational development portfolios organizational development portfolios risk factors Engenharia e Tecnologia::Engenharia Mecânica Engenharia e Tecnologia::Outras Engenharias e Tecnologias |
| Ano: | 2022 |
| País: | Portugal |
| Tipo de documento: | artigo |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade do Minho |
| Idioma: | inglês |
| Origem: | RepositóriUM - Universidade do Minho |
| _version_ | 1867439329730625536 |
|---|---|
| author | Micán, Camilo |
| author2 | Fernandes, Gabriela Araújo, Maria Madalena Teixeira de |
| author2_role | author author |
| author_facet | Micán, Camilo Fernandes, Gabriela Araújo, Maria Madalena Teixeira de |
| author_role | author |
| contributor_name_str_mv | RepositóriUM - Universidade do Minho |
| country_str | PT |
| creators_json_txt | [{\"Person.name\":\"Micán, Camilo\"},{\"Person.name\":\"Fernandes, Gabriela\"},{\"Person.name\":\"Araújo, Maria Madalena Teixeira de\"}] |
| datacite.contributors.contributor.contributorName.fl_str_mv | RepositóriUM - Universidade do Minho |
| datacite.creators.creator.creatorName.fl_str_mv | Micán, Camilo Fernandes, Gabriela Araújo, Maria Madalena Teixeira de |
| datacite.date.Accepted.fl_str_mv | 2022-04-26T00:00:00Z |
| datacite.date.available.fl_str_mv | 2022-09-30T14:15:44Z |
| datacite.date.embargoed.fl_str_mv | 2022-09-30T14:15:44Z |
| datacite.rights.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| datacite.subjects.subject.fl_str_mv | project portfolio risk risk management project portfolio success portfolio management risk factors; organizational development portfolios organizational development portfolios risk factors Engenharia e Tecnologia::Engenharia Mecânica Engenharia e Tecnologia::Outras Engenharias e Tecnologias |
| datacite.titles.title.fl_str_mv | Disclosing the tacit links between risk and success in organizational development project portfolios |
| dc.contributor.none.fl_str_mv | RepositóriUM - Universidade do Minho |
| dc.creator.none.fl_str_mv | Micán, Camilo Fernandes, Gabriela Araújo, Maria Madalena Teixeira de |
| dc.date.Accepted.fl_str_mv | 2022-04-26T00:00:00Z |
| dc.date.available.fl_str_mv | 2022-09-30T14:15:44Z |
| dc.date.embargoed.fl_str_mv | 2022-09-30T14:15:44Z |
| dc.format.none.fl_str_mv | application/pdf |
| dc.identifier.none.fl_str_mv | https://hdl.handle.net/1822/79841 |
| dc.language.none.fl_str_mv | eng |
| dc.publisher.none.fl_str_mv | Multidisciplinary Digital Publishing Institute |
| dc.rights.none.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| dc.subject.none.fl_str_mv | project portfolio risk risk management project portfolio success portfolio management risk factors; organizational development portfolios organizational development portfolios risk factors Engenharia e Tecnologia::Engenharia Mecânica Engenharia e Tecnologia::Outras Engenharias e Tecnologias |
| dc.title.fl_str_mv | Disclosing the tacit links between risk and success in organizational development project portfolios |
| dc.type.none.fl_str_mv | http://purl.org/coar/resource_type/c_6501 |
| description | Project portfolios aim to impact organizational strategic goals, influencing both the organization’s business model and its processes. Nonetheless, the actual impact is dependent on the portfolio’s success, which is affected by the materialization of risk factors. This study aims to examine the tacit conceptualization of project portfolio risk as a risk measure explicitly based on project portfolio success itself. In order to focus on the portfolios of organizational development projects, Social Representation Theory was adopted to analyze empirical evidence from twenty-eight semi-structured interviews conducted with project portfolio practitioners. Findings showed that strategic fit, future preparedness, and stakeholder satisfaction were dimensions of success within which project portfolio risk could be conceptualized. Additionally, results evidenced that risk factors influenced project portfolio success through systematic and non-systematic impacts on project portfolio outputs, and also had direct impacts on project portfolio outcomes. This paper provides empirical evidence to back up the conceptualization of project portfolio risk explicitly oriented to portfolio success as a multidimensional risk measure. It represents a new avenue for conducting portfolio risk analysis for both practitioners and academics, orienting the decision-making process based on the portfolio success rather than only on the success of each project. |
| dirty | 0 |
| eu_rights_str_mv | openAccess |
| format | article |
| fulltext.url.fl_str_mv | https://repositorium.uminho.pt/bitstreams/8824f981-83e0-4688-a204-25f61bcfbe5a/download |
| id | rum_b7e4e21ef290533bdf1eb6d044530382 |
| identifier.url.fl_str_mv | https://hdl.handle.net/1822/79841 |
| instacron_str | repositorium |
| institution | Universidade do Minho |
| instname_str | Universidade do Minho |
| language | eng |
| network_acronym_str | rum |
| network_name_str | RepositóriUM - Universidade do Minho |
| oai_identifier_str | oai:repositorium.uminho.pt:1822/79841 |
| organization_str_mv | urn:organizationAcronym:repositorium |
| person_str_mv | Micán, Camilo Fernandes, Gabriela Araújo, Maria Madalena Teixeira de |
| publishDate | 2022 |
| publisher.none.fl_str_mv | Multidisciplinary Digital Publishing Institute |
| reponame_str | RepositóriUM - Universidade do Minho |
| repository_id_str | urn:repositoryAcronym:rum |
| service_str_mv | urn:repositoryAcronym:rum |
| spelling | engMultidisciplinary Digital Publishing InstituteporProject portfolios aim to impact organizational strategic goals, influencing both the organization’s business model and its processes. Nonetheless, the actual impact is dependent on the portfolio’s success, which is affected by the materialization of risk factors. This study aims to examine the tacit conceptualization of project portfolio risk as a risk measure explicitly based on project portfolio success itself. In order to focus on the portfolios of organizational development projects, Social Representation Theory was adopted to analyze empirical evidence from twenty-eight semi-structured interviews conducted with project portfolio practitioners. Findings showed that strategic fit, future preparedness, and stakeholder satisfaction were dimensions of success within which project portfolio risk could be conceptualized. Additionally, results evidenced that risk factors influenced project portfolio success through systematic and non-systematic impacts on project portfolio outputs, and also had direct impacts on project portfolio outcomes. This paper provides empirical evidence to back up the conceptualization of project portfolio risk explicitly oriented to portfolio success as a multidimensional risk measure. It represents a new avenue for conducting portfolio risk analysis for both practitioners and academics, orienting the decision-making process based on the portfolio success rather than only on the success of each project.application/pdfporDisclosing the tacit links between risk and success in organizational development project portfoliosMicán, CamiloFernandes, GabrielaAraújo, Maria Madalena Teixeira deHostingInstitutionOrganizationalRepositóriUM - Universidade do Minhoe-mailmailto:repositorium@usdb.uminho.ptrepositorium@usdb.uminho.ptCITATIONMicán, C.; Fernandes, G.; Araújo, M. Disclosing the Tacit Links between Risk and Success in Organizational Development Project Portfolios. Sustainability 2022, 14, 5235. https://doi.org/10.3390/su14095235EISSNIsPartOf2071-1050DOIIsPartOf10.3390/su140952352022-09-30T14:15:44Z2022-04-262022-05-12T19:36:57Z2022-04-26T00:00:00ZHandlehttps://hdl.handle.net/1822/79841http://purl.org/coar/access_right/c_abf2open accessproject portfolio riskrisk managementproject portfolio successportfolio managementrisk factors; organizational development portfoliosorganizational development portfoliosrisk factorshttp://www.oecd.org/science/inno/38235147.pdfFields of Science and Technology (FOS)Engenharia e Tecnologia::Engenharia Mecânicahttp://www.oecd.org/science/inno/38235147.pdfFields of Science and Technology (FOS)Engenharia e Tecnologia::Outras Engenharias e Tecnologias821409 bytesliteraturehttp://purl.org/coar/resource_type/c_6501journal articlehttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://repositorium.uminho.pt/bitstreams/8824f981-83e0-4688-a204-25f61bcfbe5a/download |
| spellingShingle | Disclosing the tacit links between risk and success in organizational development project portfolios Micán, Camilo project portfolio risk risk management project portfolio success portfolio management risk factors; organizational development portfolios organizational development portfolios risk factors Engenharia e Tecnologia::Engenharia Mecânica Engenharia e Tecnologia::Outras Engenharias e Tecnologias |
| status | SINGLETON |
| subject.fl_str_mv | project portfolio risk risk management project portfolio success portfolio management risk factors; organizational development portfolios organizational development portfolios risk factors |
| subject.other.fl_str_mv | Engenharia e Tecnologia::Engenharia Mecânica Engenharia e Tecnologia::Outras Engenharias e Tecnologias |
| title | Disclosing the tacit links between risk and success in organizational development project portfolios |
| title_full | Disclosing the tacit links between risk and success in organizational development project portfolios |
| title_fullStr | Disclosing the tacit links between risk and success in organizational development project portfolios |
| title_full_unstemmed | Disclosing the tacit links between risk and success in organizational development project portfolios |
| title_short | Disclosing the tacit links between risk and success in organizational development project portfolios |
| title_sort | Disclosing the tacit links between risk and success in organizational development project portfolios |
| topic | project portfolio risk risk management project portfolio success portfolio management risk factors; organizational development portfolios organizational development portfolios risk factors Engenharia e Tecnologia::Engenharia Mecânica Engenharia e Tecnologia::Outras Engenharias e Tecnologias |
| topic_facet | project portfolio risk risk management project portfolio success portfolio management risk factors; organizational development portfolios organizational development portfolios risk factors Engenharia e Tecnologia::Engenharia Mecânica Engenharia e Tecnologia::Outras Engenharias e Tecnologias |
| url | https://hdl.handle.net/1822/79841 |
| visible | 1 |