A TIME-BASED PHENOMENON IN PROJECT PORTFOLIO MANAGEMENT AND ITS EFFECT ON BUSINESS SUCCESS
Journal: International Journal of Management (IJM) (Vol.11, No. 6)Publication Date: 2020-06-30
Authors : Vilas J Kharat; B.K.R. Naik;
Page : 1058-1071
Keywords : best practices; business success; Indian auto component industry; moderation effect; project portfolio management(PPM); tierization;
Abstract
Project Portfolio Management (PPM), in a real sense, came in a long way. How the portfolio of projects handled, there was a need for standardized procedures and techniques followed by the organizations. PPM has proved to be of great worth in this uncertain, competitive, deregulated, and dynamic business world. Auto Industry in India is going through a phase where it has to deal with changing customer demands, shorter product lifecycles, and vibrant markets. The Auto component Industry, which supplies parts to these companies engaged in automobile assembly, is the most affected in the dynamic and changing demands. The different tiers of the auto component industry face varied challenges that need to address appropriately. The research carried out by a questionnaire-based survey analysis. There are 356 responses collected from the various levels in organizations of IACI. The study talks about the moderation effect (long and short term) of tierization on the of PPM components on business success in the Indian Auto Component Industry (IACI).
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