Track: Project Management
Abstract
Project Portfolio Management (PPM) has a proven record of success in organizations. There is a growing set of literature focussing on the success criteria of PPM. These set of criteria affect the PPM success and has an overall effect on the business success of organizations. From the strategic perspective, Project selection plays a very important role. In the world of a dynamic market with huge competition, taking up the wrong project will not only end up using resources but in long run, it can be critical. Indian Auto Component Industry (IACI), due to varying demands and global competition, face the daunting task of survival in such a situation. The research paper is based on the empirical study and focusses on the effect of Project selection in the portfolio on business success in IACI.