The Necessity of Project Portfolio Management in the Construction Industry of China Mainland

Abstract:

With the fast development of the construction industry, traditional project management cannot deal with some complex construction projects. This paper introduced the development of the project portfolio management and the current situation of the Chinese construction industry. We suggested that project portfolio management is applicable and should be adopted in Chinese construction companies. At last, the implement environment of project portfolio management was discussed.

• Periodical: Applied Mechanics and Materials (Volumes 357-360)
• Pages: 2238-2241
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.357-360.2238
• Online since: August 2013
• Authors: Na Guo, Shi Wang Yu
• Keywords: Construction Industry, Project Management (PM), Project Portfolio Management

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