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Shedding New Light on Project Portfolio Risk Management

Faculty of Economics, Maria Curie-Sklodowska University, Maria Curie-Sklodowska 5, 20-031 Lublin, Poland
Faculty of Organisation and Management, Silesian University of Technology, Akademicka 2A, 44-100 Gliwice, Poland
Author to whom correspondence should be addressed.
Sustainability 2017, 9(10), 1798;
Received: 9 August 2017 / Revised: 15 September 2017 / Accepted: 30 September 2017 / Published: 4 October 2017
(This article belongs to the Section Sustainable Urban and Rural Development)
PDF [1139 KB, uploaded 12 October 2017]


This paper constitutes an innovative attempt to analyse the risks and negative phenomena dependencies within a project portfolio. Based on the available literature, the risks and negative phenomena (that is, the problems with the availability of resources, interpersonal conflicts, irregularities in the portfolio balance, etc.) specific to a project portfolio were identified. Theoretical constructs were then used to connect the identified risks with the negative phenomena. Structural equations were used to confirm the existence and quality of these constructs, as well as models describing connections between phenomena. The determination of the structural equations also provided a setting in which statistical methods (χ2, RMSEA and CFI) could be used to investigate the level of fit of the constructs and models to the empirical data. View Full-Text
Keywords: project portfolio risk management; portfolio negative phenomena; project portfolio risk relationship project portfolio risk management; portfolio negative phenomena; project portfolio risk relationship

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Hofman, M.; Spalek, S.; Grela, G. Shedding New Light on Project Portfolio Risk Management. Sustainability 2017, 9, 1798.

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