Characteristics of Project Portfolio Management in the Construction Industry

Abstract

Researchers have invested a significant amount of time and effort into investigating the process of portfolio management. Topics that have been covered in these studies include the value of the project, the distribution of resources, and decision-making processes regarding the selection of projects. Research on the significance of managing a project portfolio has been going on for many years, and its relevance only seems to be growing as new industries come into being. The fundamental objective of the PPM is to boost company profits via increased financial returns and successful project completion. The issues of this literature review include Project Portfolio Management (PPM) and the significance of its implementation in the building and construction industry.