Implementation of The Project Portfolio Management in The Government Investment Project: A Review

1Bibhuti B Pradhan

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Abstract:

The main purpose of this paper is carrying out asset portfolio management to solve problems in government investment programs. As government investment programs face numerous problems, and these problems impact economic and social development, seven challenges with public investment programs in this article. Developing a new perspective to deal with such issues with the help of project portfolio management (PPM).Next, the challenges of government investment programs in China are clearly evaluated. So presenting the multiple definitions of the project portfolio management so study briefly the history of PPM. Ultimately, with respect to PMI The model for portfolio management, recommending 8 phases to incorporate PPMs in projects investments of government so that the best government-invested portfolio can be efficiently selected, prioritized, managed and tracked, and policy strategic priorities can be related to projects and/or programs.

Keywords:

Government investment project, project portfolio management, strategic project office, project management, financial crisis, strategy.

Paper Details
Month12
Year2019
Volume23
IssueIssue 6
Pages319-325