The Effects of Project Portfolio Management on Competitive Advantage through Dynamic Capability

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Suk-Hyun Oh
Suk-Hyun Oh
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Paul C. Hong
Paul C. Hong
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Min-jeong Oh
Min-jeong Oh
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Seung-Chul Kim
Seung-Chul Kim
α Hanyang University Hanyang University

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The Effects of Project Portfolio Management on Competitive  Advantage through Dynamic Capability

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Abstract

A business firm needs to respond and adapt to the changing business environment in order to achieve and sustain the competitive advantages in the fast changing and very competitive market of today. Business strategy is an important discipline that provides the guidelines on how to deal with the changing business environment and to develop competitive advantages.The theory development and discussion in the business strategy discipline shows a trend change from the external environment analysis theory by M.E. Porter in the 1980s, to Resource Based View(RBV)in the 1990s, and to the dynamic capability theory in the late 1990s. Another effort by business firms to cope with the changing business environment may be the development and application of project management theories such as project portfolio management.

References

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Suk-Hyun Oh. 2019. \u201cThe Effects of Project Portfolio Management on Competitive Advantage through Dynamic Capability\u201d. Global Journal of Research in Engineering - J: General Engineering GJRE-J Volume 19 (GJRE Volume 19 Issue J3): .

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Journal Specifications

Crossref Journal DOI 10.17406/gjre

Print ISSN 0975-5861

e-ISSN 2249-4596

Keywords
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GJRE-J Classification: FOR Code: 291899
Version of record

v1.2

Issue date

June 26, 2019

Language
en
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A business firm needs to respond and adapt to the changing business environment in order to achieve and sustain the competitive advantages in the fast changing and very competitive market of today. Business strategy is an important discipline that provides the guidelines on how to deal with the changing business environment and to develop competitive advantages.The theory development and discussion in the business strategy discipline shows a trend change from the external environment analysis theory by M.E. Porter in the 1980s, to Resource Based View(RBV)in the 1990s, and to the dynamic capability theory in the late 1990s. Another effort by business firms to cope with the changing business environment may be the development and application of project management theories such as project portfolio management.

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The Effects of Project Portfolio Management on Competitive Advantage through Dynamic Capability

Suk-Hyun Oh
Suk-Hyun Oh Hanyang University
Paul C. Hong
Paul C. Hong
Min-jeong Oh
Min-jeong Oh
Seung-Chul Kim
Seung-Chul Kim

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