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Portfolio Management Of The Research Projects In The Public And Private Sector

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Portfolio Management Of The Research Projects In The Public And Private Sector
Portfolio Management of Research
Projects in the Public and Private
Sectors

Yolanda Yebra Aguado

Project Management
Submission date: June 2011
Supervisor:
Tim Kristian Andreas Torvatn, IØT

Norwegian University of Science and Technology
Department of Industrial Economics and Technology Management

MSc in Project Management, Thesis

Preface
This thesis work is carried out at the department of Industrial Economics and Technology
Management (IØT). It constitutes the final thesis for the Master of Science in Project
Management and was carried out during the spring semester 2011 at the Norwegian
University of Science and Technology (NTNU).
This thesis has been both a challenging and rewarding experience for me. Academically, I was able to specialize in a topic of great interest in the discipline of project management.
Personally, I learned to deal effectively with complexity and uncertainties in projects in order to achieve my goals. I am very pleased to have had the opportunity to culminate my studies with such a great learning experience.
I would like to thank my supervisor Research Scientist Anandasivakumar Ekabaram, Siva, for his time and disposition to guide me through every aspect that surrounded my work. I greatly value his knowledge and personal reflections shared with me through our discussions; these are very much reflected throughout this thesis. Many thanks to my supervisor Associate Professor Tim Torvatn for his guidance which helped me set the focus and shape the approach of my thesis work. I also thank Professor Ole Jonny Klakegg for sharing with me his knowledge. His words emphasized the importance of the topic of this thesis and strengthen my interest in it. I highly value the collaboration of the interviewees; their contributions greatly enriched my work.
Finally, I would like to thank my parents and brother for their unconditional support during this, my latest journey. This (ad)venture has been possible because of you.

Trondheim, June 2011



Bibliography: Archer, N., & Ghasemzadeh, F. (1999). An integrated framework for project portfolio selection Balachandra, R., K, B. K., & Pearson, A. W. (1996). R&D Project Termination Decisions: Processes, Communication, and Personnel Changes Blichfeldt, B., & Eskerod, P. (2007). Project portfolio management - There 's more to it than what management enacts Chang, P.-L., & Hsu, C.-W. (1997). A project management system (PMS) for research institutes applying for government R&D contracts in Taiwan Chien, C.-F. (2002). A portfolio-evaluation framework for selecting R&D projects. R&D Management , 359-368. Cooper, R., Edgett, S., & Kleinschmidt, E. (2001). Portfolio Management for new product development; results of an industry practices study David, P. A., Hall, B. H., & Toole, A. A. (2000). Is public R&D a complement or substitute for private R&D? A review of the econometric evidence De Witt, B., & Meyer, R. (2004). Strategy. Process, Content, Context. London: Cengage Learning EMEA. Eisenhardt, K., & Sull, D. (2001). Strategy as Simple Rules. Harvard Business Review , 106116. Ekambaram, A. (2008). Chapter 7: Research Methodology. In A. Ekambaram, The role of knowledge transfer in reducing reinvention of the wheel in project organizations (pp Fan, Y., Chen, L., & Fukushima, M. (2007). A mixed R&D projects and securities portfolo selection model Ishibashi, I., & Matsumura, T. (2006). R&D competition between public and private sectors. European Economic Review , 1347-1366. Linton D., J., & Walsh T., S. a. (2002). Analysis, ranking and selection of R&D projects in a portfolio McGrath, J. E. (1982). Dilemmatics. The Study of Research Choices and Dilemmas. In J. E. McNally, R. C. (2007). Exploring new product portfolio management decisions: The role of managers ' dispositional traits McQueen, R., & Knussen, C. (2002). Research methods for social science: a practical. Harlow, England: Prentice Hall. Meskendahl, S. (2010). The influence of business strategy on project portfolio management and its success - A conceptual framework Michael C, J. (2003). The Systems Language. In J. Michael C, Systems Thinking: Creative Holism for Managers (pp Mikkola, J. H. (2001). Portfolio management of R&D projects: implications for innovation management Nesse, P. J., & Velde, P. (2010). Verdiskapning gjennom porteføljeledelse av bedrifters FoUvirksomhet. Magma . Senge, P. M. (1990). The Fifth Discipline: The Art & Practice of the Learning Organization. The Enterprise Portfolio Management Council. (2009). Project Portfolio Management. A view from the management trenches van Bekukum, S., Penings, E., & Smit, H. (2009). A real options perspective on R&D portfolio diversification Verma, D., Mishra, A., & Sinha, K. (2011). The development and application of a process model for R&D project management in a high tech firm: A field study Wang, J., & Hwang, W.-L. (2005). A fuzzy set approach from R&D portfolio selection using a real options valuation model

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