Impact of external stakeholder's engagement on project portfolio Management success, IT industry in Lahore, Pakistan

Companies need project portfolio management (PPM) to deal with the increasing number of projects and used it to ensure strategic arrangement and adequate use of available resources. Moreover, customers were demand more attention from their suppliers. The management of a project portfolio and the corresponding customers, supplier’s engagement signified a link between PPM and external stakeholder’s engagement. Supplier engagement in project portfolio management success had become an increasingly popular technique for improving project capability and project performance in PPM. By defining the range of PPM, this study hypothesized a connection between external stakeholders like customers and supplier’s engagement and project portfolio management success. The results were based on a cross-sectional sample of 100 well known Software Houses in Lahore, Pakistan. Study employed Pearson’s correlation and step wise hierarichal regression to find the results. Study found a significant relationship between customers and supplier’s engagement and PPM success. While moderating effect of role clarity showed partial moderation.