This thesis investigates the relationship between subjectively measured project-portfolio success and objectively measured business success. In doing so the investigational background is initially explained, namely the determination of examined companies and the general construct of multi-project management. In approaching the issue the two kinds of success measurement utilized (subjective and objective) are discussed. Furthermore, the two main fields within this thesis are described: first, key success factors for project-portfolio success and second, the complex construct of business success. Due to the many facets of business success, this thesis also follows up with the different perspectives on business success and its measurement dimensions. In doing so, particular key figures will be discussed in more detail. While examining the issue, subjectively measured data that represent key figures for portfolio success were collected within the 5th benchmarking study at the Technical University of Berlin. Objective business success data were extracted from the companies’ annual reports between 2008 and 2010.
Although the multiple regression analysis delivers several statistically significant results, these were not sufficient to lead to a unambiguous conclusion concerning the examined relationship. Consequently, there must be additional factors that influence overall business success and the goodness of fit of the regression models used. However, following further studies and the statistically significant findings within this thesis, there is a trend which confirms the hypothesized relationship. Possible implications for companies complete this thesis.
Inhaltsverzeichnis (Table of Contents)
- Abstract
- Abstract (German version)
- Table of Contents
- Introduction
- Study subject and objectives
- Structure
- Theoretical Basis
- Definition of examined companies
- Multi-project Management
- Success and Performance
- Success measurement
- Subjective
- Objective
- Summary
- Project-portfolio success
- Business success
- Definition
- Complexity
- Perspectives
- Measurement
- Success measurement
- Study design
- Method
- Identification of essential key figures
- Data Analysis
- Results
- Discussion
- Limitations of this thesis
- Further studies of the examined subject
- Recommendations for further research
- Conclusion
- Appendix
- Bibliography
- Online sources
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This thesis aims to investigate the relationship between subjectively measured project-portfolio success and objectively measured business success. The study focuses on an empirical analysis of multi-project management using data from a benchmarking study and company annual reports.
- The relationship between project-portfolio success and business success
- Key success factors for project-portfolio success
- The multifaceted nature of business success and its measurement dimensions
- The implications of the findings for companies
- The limitations and potential for future research
Zusammenfassung der Kapitel (Chapter Summaries)
The thesis begins by introducing the subject of the study and outlining its structure. The theoretical basis is then discussed, including definitions of the examined companies, multi-project management, and the concepts of success and performance, emphasizing both subjective and objective measurement. Chapter 2 further delves into the definitions and complexities of both project-portfolio success and business success, exploring its various perspectives and measurement dimensions.
Following the theoretical framework, Chapter 3 presents the study design, including the methodology and identification of key figures for analysis. Chapter 4 then dives into the data analysis, presenting the results and discussing their implications, including limitations, potential for further studies, and recommendations for future research.
Schlüsselwörter (Keywords)
This thesis focuses on the key terms and concepts of multi-project management, project-portfolio success, business success, subjective and objective measurement, benchmarking studies, and regression analysis. The research aims to explore the relationship between these concepts and their impact on organizational success.
- Quote paper
- Robert Mulsow (Author), 2011, The Relationship between Project-Portfolio Success and multi-dimensional Business Success, Munich, GRIN Verlag, https://www.grin.com/document/190248
