Organisational resilience and success in managing project portfolios of a general contractor in today's turbulent environment

Abstract

The research provides a brief analysis of current sources in the field of portfolio management by general contracting organisations. The classification of the main problems faced by such organisations is provided: lack of strategic alignment, resource contention and capacity limits, poor portfolio selection and prioritisation, weak aggregated risk management, poor portfolio metrics and KPIs, multiparty coordination and supply chain fragility, and others. It is shown that current research also focuses on the development of appropriate structures of capabilities and competencies and other factors related to the formation of the so-called resilience of an organisation to the influence of the external environment on a general contracting organisation. The author proposes key aspects of an organisation's mental resilience that will enable general contracting organisations to effectively engage in portfolio management, taking into account the external impact of a turbulent external and internal environment.