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Transcript of Project, Programme & Portfolio Management
BE1170 Project,Programme & Portfolio
ManagementStage E: Individual Project Portfolio
focused on specific discipline
“Explain the role and interconnections of Project, Programme and Portfolio
management to innovation as a driver with sustainability as a key stimulant for
change.”
Team: The Strings
Submission Date: Thursday 6th November 2014
Module Tutor: Robert Moehler
Word Count: 2185*
*Excluding all headings, diagrams, references, quotes,
tables and appendices.
Contents
Page
1.0 Introduction and Overview
3
1.1 Introduction
3
1.2 Overview
3
2.0 Interconnections and Communication
7
3.0 Coping with Innovation and Change
10
3.1 Innovation
10
3.2 Philosophy on Change
11
4.0 Governance in Portfolio Management
15
5.0 Summary 16
Northumbria University The Strings
1.0 Introduction and Overview
1.1 Introduction
“Explain the role and interconnections of Project, Programme and
Portfolio management to innovation as a driver with sustainability as a
key stimulant for change.”
How do we break down the above and establish the question? In
terms of Project, Programme and Portfolio management (PPPM),
current processes applied in the market today are to be analysed
and assessed for change; if necessary. Is sustainability is being
exploited at the expense of profit for business when reviewing
key drivers?
1.2 Overview
A survey conducted by McKinsey in 2011, states that organisations
include sustainability as a main key driver within and 57% have
integrated sustainability within their strategic planning
process. Within some organisations this is the key driver within
their business strategy planning and sustainable innovations need
to be interconnected within their PPPM (Bonini & Gorner, 2011).
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“More companies are managing sustainability to improve
processes, pursue growth, and add value to their
companies rather than focusing on reputation alone”
(Bonini & Gorner, 2011) www.mckinsey.com, Accessed online
22 Oct 2014
The project definition stage is where success or failure will be
determined and also be less disruptive for business (Winch,
Morris & Pinto, 2007). For ‘Greenality’ to succeed, this must be
included in the definition phase and be part of the ‘SMARTER’
process (Maltzman & Shirley, 2011).
Table 1.2.1 – The ‘SMARTER’ Concept (Maltzman & Shirley, 2011),
p.75
SMARTER
pecificeasureablettainableelated to the Goalimelynvironmentallyesponsible
In 2014, Marks and Spencer’s (M&S) produced a document entitled
‘Plan A’ with key drivers focussed on sustainability and emulates
what the McKinsey survey established. Their ‘stimulant for
change’ was initiated in 2007 to focus on three world-wide
challenges. That is, environmental impacts in terms of the
continual use of the planet’s natural resources, addressing
social needs and lifestyle changes in the developed world. Within
Fig. 1.2.1, the M&S Corporate Model outlines what they need as a
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business, in terms of resources as people, services and products
across their ‘Plan A’ ethos – the four ‘I’s (Inspiration, In-
touch, Integrity and Innovation).
The four I’s within Plan A (Fig. 1.2.1) reach across the spectrum
of business needs, in terms of how they conduct business, the
products and services within their portfolio, through to their
global end users, customers or stakeholders. These relate to
‘Value Outputs’ as key drivers, which will help create
‘financial, social and environmental value for society’. This is
the ’Triple Bottom Line’ principle introduced by Elkington
(1999), when reviewing sustainable development in any business
model or core strategies (Hope & Moehler, 2014).
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Fig. 1.2.1: Marks & Spencer’s (2014) Business Model [Online]
Available at: www.corporate.marksandspencer.com (Accessed
22 Oct. 2014).
M&SPortfolio
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This can be considered as ‘work in progress’, in terms of
environmental value or reduced impacts, in the use of the
planet’s natural resources from a review in 2014. A continual or
dynamic assessment of their sustainable drivers in PPPM has
advanced from their earlier plan to measure current and future
performance, against a common ‘environmental’ goal (Hope and
Moehler, 2014). These are determined at governance level, with
increased or longer-term goals than perhaps originally envisaged
(Muller, 2009).
“New and potentially increased risks were reviewed as
part of the development of Plan A 2020 in 2013/14,
prompting increased activity on youth employment, supply
chain management, transparency, operational efficiency
and the development of new business models.”
Anon, (2014). [online] Accessed 05 Nov. 2014
Since the launch of 'Plan A', their carbon footprint has been
reduced as the business has grown Marks and Spencer Corporate, Plan A
(2014). This relates to the theory of 'Roosevelt's Smart Growth'
as suggested by Balestrero, ex -CEO of PMI (2010), a smaller
footprint per person leads to success. If business can view the
planet's natural resources as assets, this would in turn see an
increase in value for current and future generations. This
connects to the definition of Sustainable Development from WCED,
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“Development that meets the needs of the present without
compromising the ability of future generations to meet their own
needs” (WCED, 1987).
The driver for M&S is to excite their customers, to maintain up
to date knowledge of sustainability, to ensure they are doing
things correctly and ethically and to improve or be innovative
along their journey (Hope and Moehler, 2014). Their new goal to
2020 and beyond, are to find new ways of doing business that are
not detrimental to the plant and become ‘carbon positive’ and
fair (WCED, 1987).
M&S are using innovation as a driver to make change, which
answers the latter part of the question within this document.
With regards to PPPM, the company appears to be addressing a
number of individual projects within the portfolio, to achieve
their eventual goal. However, frameworks in the past have been
criticised for not addressing all elements of ‘financial, social
and environmental’ outputs (Hope & Moehler, 2014).
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2.0 Interconnections and Communication
Without interconnections with society and other organisations
outside of the corporation, they have identified this cannot be
achieved alone. In essence, they have identified that engagement
with their stakeholders is an important part of the process to
succeed with a sustainable model (Ebbesen & Hope, 2013; Winch,
Morris & Pinto, 2007).
“We know we can’t deliver Plan A 2020 alone. That’s why
we’re stepping up our efforts to ‘lead with others’ by
participating in broader coalitions to deliver sector
wide change.”
Marc Bolland, Chief Executive Officer M&S (Plan A Report
2014), p.1
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“...part of our journey is all about engagement. The
shift to new sustainable business models will only be
completed with the strong support and participation of
our customers, employees and business partners.”
Mike Barry, Director of Plan A, M&S (Plan A Report 2014),
p.2
Walmart only connect with suppliers who believe and follow the
same ethos as themselves regarding impacts on the environment
(Balestrero, 2010). However, a report by the Institute for Local
Self-Reliance (ILSR) appear to contradict that from Walmart’s
2005 key driver above, the “company’s carbon pollution is up 14%”
and that their PR campaign is misleading with regards to
sustainability (Mitchell, 2013). However, Walmart may still be
considering themselves green, but this could be green by
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Fig. 2.1.1: Maltman & Shirley, (2011) Types of Sustainable
Projects.
Northumbria University The Strings
‘general’ (Maltman & Shirley, 2011) from the ILSR’s point of
view.
The report also maintains that “Walmart is a major contributor to
the campaigns of lawmakers who are blocking action to address the
climate crisis”. The principles of Sustainable PPPM is not that
of Walmart, who operate a ‘non-sustainable’ model, which
includes, long distance haulage of materials, both on land and
overseas, whilst their products endure a short cycle (Mitchel,
2013). The lifecycle of a product or service should be included
within every phase from planning to completion and at
decommissioning stage in terms of energy used (Hope, 2013; Hope &
Moehler, 2014).
“…..we are focused with Plan A 2020 on engaging with
millions of customers, nearly 86,000 employees and 1,000s
of other businesses by making Plan A the way we do
business through inspiration, being in touch, integrity
and innovation as we build towards our long term goal of
being a truly sustainable retailer.”
Our Plan A Journey – Marks and Spencer Group plc. (Plan A
Report 2014), p.4
Within the McKinsey Survey, they identified three key
characteristics that differ. With regards to effectiveness, these
being, mission and values preceded by external communications.
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The least connected area of concern is within supply chain
management and budgeting (Bonini & Gorner, 2011).
‘Being In Touch’ is one of the key drivers within Plan A and
encompasses all three characteristics. Communication needs to be
effective, to ensure success is achieved and links with the 80-
20, rule or Juran’s ‘Pareto Principle’ of control versus
communication (Sanders, 1992; Koch, 2011).
“20% of your time should be employed doing transactional
based activities needed to control the project and 80% of
your time is best spent on transformational type
activities associated with leadership and delivery of the
project - COMMUNICATION being considered the most
important”
(Successful-project-management.com, 2014) Accessed online
22 Oct 2014
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3.0 Innovation & Change
3.1 Innovation
The National Ignition Facility (NIF) flipped the traditional 80-
20 concept above on its head by technological innovation. Time is
not wasted in managing the 'system', but having the freedom to
spend more time on innovation or R&D (Frazier, 2014).
Sustainability has remained with Chief Executives as one of their
most important features of their three key drivers, included
within the organisations business practices. Formal projects or
programmes have been initiated to address issues with
‘Sustainability Leaders’ as of last year and they “managed
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sustainability very or extremely effectively” (Bonini S & Gorner
S, 2011).
“Companies should integrate environmental, social, and governance
issues into their business model and act on them”, (Bonini S and
Gorner S, 2011). These values were disconnected in the past from
the ‘core strategy’ of the business. Governance of the “green”
credentials are handled in a ‘fire-fighting’ or reactive
maintenance sense to comply with regulations and to ‘look good’
instead of being of added value to the company in addressing
sustainable impacts and avenues to save the company money.
(Bonini & Gorner, 2011).
36% of CEO’s expressed that their organisations had a ‘strategic
approach’ for sustainability ‘with a defined set of initiatives’.
Organisations need to take a long-term view of sustainability in
a strategic context, whilst incorporating this within the key
drivers to gain return on “capital, growth, and risk management”
(Bonini S & Gorner S,
2011), (Fig.
3.1.1).
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3.2 Philosophy on Change
During the nineties, Total Quality Management (TQM), was a key
driver and business perhaps perceived this new concept, as
another costly system being added to the business, rather
than cost saving (Juran, 1995). This appears to parallel the
current drive within sustainability at the forefront within
businesses objectives (Bonini & Gorner, 2011). However both are
connected in terms of achievements being viewed as ‘long-term’
strategies (Muller, 2009). TQM is a system that is central to
quality, this being based on the full inclusion of all personnel
involved in the business and aimed at “long-term success” (ISO
8402:1994, now ISO 9000). The people or stakeholders included
within the process should be its members (shareholders),
customers and society as a whole (Muller, 2009).
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growth, and risk management [Online] Available at:
www.mckinsey.com (Accessed 18 Oct. 2014).
Northumbria University The Strings
Juran (1995) declared “the main reason for an organisation
seeking quality certification is maintenance or market
expansion”. Within a sustainability context, this can relate
project management to innovation and continual review or
revolutionise concepts (Maylor, 2010). Maintenance is
contemplated as ‘remaining the same’ or ‘status quo’, whereas to
change is to be inventive and consequently review alternative
approaches in achieving key goals for the environment, social and
ethical issues (Juran, 1995).
‘Innovative’ managers or Project Managers (PM’s) continually
develop and will be proactive with change. The act of monitoring
refers to the follow-up process or reporting and circulation
(APM, 2012). Change of the ‘status quo’ appears to frighten to
those who are used to the same routines (Schneier et al, 1994).
Within Table 3.2.1, differences are evident between a General
Managers day-to-day tasks with a PM, who will facilitate and
manage a number of portfolios and will encompass ever-changing
‘routines’ within their role (Maylor, 2010).
Table 3.2.1 – Project versus General Management (Maylor, 2010)
General Management Portfolio/Project Management
Responsible for managing
status quo
Authority defined by
management structure
Responsible for overseeing
change
Lines of authority not clear
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Consistent set of tasks
Responsibility limited to
their own function
Works in ‘permanent’
organisational structures
Tasks described as
‘maintenance’
Main task is optimisation
Success determined by
achievement of interim
targets
Limited set of variables
Ever-changing set of tasks
Responsibility for cross-
functional activities
Operates within the
structures which exist for
the ‘life’ of the project(s)
Predominantly concerned with
innovation
Main task is the resolution
of conflict
Success determined by
achievement of stated end-
goals
Contains intrinsic
uncertainties
Similarities can be made between the roles of PM against what is
required to progress new sustainable drivers forward in terms of
being innovative and continual change (Maylor, 2010).
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Fig. 3.2.1: Schneier et al (1994). Four types of plateaued performers
(p.250)
Majority of individuals do not enjoy change or innovation,
depending on culture, beliefs and their own morals. This is
termed as a 'Resistance to Change' from the intended change
combined with the social consequence of that change (Juran &
Gryna, 1995). Within Fig 3.2.1, there are four different groups
of people. Individuals, who are categorised as ‘pleasantly
plateaued’, will feel comfortable in their organisation and that
there is no need to change or move elsewhere. Whilst conflict
will be minimal, the danger is “if an organisation has too many
of these, innovation will suffer” (Schneier et al, 1994). This
could be detrimental if too many CEO’s were of this nature,
therefore innovation would suffer as change would not be their
‘stimulant’.
The model in Fig. 3.2.2 is a network that highlights a structured
approach in connection with innovative management within the
portfolio process. This allows new ideas and R&D to be conducted
without interference within the business’s day to day processes
to ensure that operations are not compromised (Koch, 2011).
According to the McKinney Survey, only 31% organisations commit
to address new sustainable ideas, processes or products within
R&D (Bonini S & Gorner S, 2011).
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Where resistance to change or organisation key drivers are not
clarified, the PM can make change in PPPM with regards to
sustainability applications. However strategically these ideals
would best fit or begin at corporate level (Hope & Moehler, 2014;
Maltzman & Shirley, 2011; Winch, Morris & Pinto, 2007).
“Placing responsibility and accountability for
sustainability with the project manager also enables the
integration of sustainability within a project even if
there is an absence of vision or strategy from the
project sponsor”
(Hope & Moehler, 2014).
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Fig. 3.2.2: The Innovation Portfolio Management Process
[Online] Available at: www.innovationmanagement.se
(Accessed 18 Oct. 2014).
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4.0 Governance in Portfolio Management
Within the nineties, standards including, Environmental
Management Systems 14001, Quality Management Systems 9000, and
Occupational Health and Safety (OHSAS) 18001 were key drivers set
by corporations within the UK. However, the only way to succeed
would require a powerful strategy set at the higher chain of the
organisation hierarchy, whilst management culture at COE level
would be instilled herein (Muller, 2009, p.87).
Culture, support and decision making for good governance needs to
be initiated and installed at the required level of project
portfolios (Hope & Moehler, 2014). Once the companies values have
been set, appropriate steering groups could be formed. For
example, within manufacturing, they could be PM’s within Quality,
Product Development, Finance, Project Engineering and so forth.
All teams would work to achieve the same initiative or set of
strategic objectives made at those who control governance
(Muller, 2009). Another key component in setting common
objectives and goals is that members at to be committed –
definition of team according to the APM (2012).
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M&S have set their governance within their four I’s concept and
to ensure that their reputation will rely on the quality of
relationships. Risk Profiles are conducted every six months at
the correct governance level and they deemed it relevant herein
to develop their original 2012 ‘Plan A’ document which was not
meeting their social and environmental objectives (Anon, 2014).
“Our reputation rests on the quality of our relationships
with customers, employees, partners, suppliers and local
communities.”
Anon, (2014). [online] Accessed 05 Nov. 2014
5.0 Summary
Therefore this poses a question ethically and morally in how
should companies be independently measured. Upon analysing
Walmart, this perhaps poses a question, what are their true
stimulants for change? Do they genuinely believe that they need
to change and is their key driver only money orientated, at the
expense of the planet? Within the organisations “Live Better”
campaign, they believe that there is a corporate responsibility
to make a difference and issues, including the preservation of
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the environment as well as fighting poverty and providing access
to affordable goods for society (Anon, 2014).
Governance plays a key role in setting drivers and initiatives at
the highest level in connection with sustainability as is being
conducted in M&S’s ‘Plan A’ (Anon, 2014). There appears to be a
contradiction in Walmart’s values, as they appear to be involved
in both sides of the argument for and against sustainability
(Mitchel, 2013).
“Companies can choose to see this agenda as a necessary
evil – a matter of compliance or a risk to be managed,
while they get on with the business of business – or
they can think of it as a novel way to open up new
business opportunities while creating value for society”
(Bonini & Gorner, 2011)
On the flip side, the Marks and Spencer's model looks to be
extremely focussed and driven, where core values and innovative
ideas are at the frontier of their business (Anon, 2014).
Culture, therefore, has to affect what set of objectives the
boardroom set, as well as their relationships in terms of context
with suppliers and clients (Muller, 2009, p.87).
The creation of sustainability within strategic sense is ultimate
to meeting targets over a long term. For example GE and their
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'Ecomagination' division have grown at a rapid rate (Bonini &
Gorner, 2011). The continued creation of environmental values is
to improve operational costs has succeeded with improved
technological advances at NIF where 20% of their time is to
manage day to day processes, whilst innovation is 80% of their
time (Bonini & Gorner, 2011).
Growth is dependent on continual risk management and review of
the business portfolios (Bonini & Gorner, 2011) and be aware of
any changes that may affect the organisations strategies (APM,
2012).
Innovative models can only be reflected positively, but only on a
long-term view. The Clean Ignition Facility in the US won PMI
project of the year award in 2010. Their 'Ignition' concept was
based on a ten year sustainable project management programme to
potentially create 'unlimited energy' (Balestrero, 2010).
This could be viewed as a positive stimulant for change, which
would affect stakeholders globally, if successful in terms of
financial gain and public perception, from positive media spin.
The portfolio had no completion date but this could be a win for
all stakeholders, in every sense of the term, if not solely
financially driven which has been viewed as a major concern for
the capacity of natural systems in the past 150 years. (Bonini &
Gorner, 2011; Dyllick & Hockerts, 2002).
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Hope & Moehler (2014) reiterates that once sustainability is
enhanced within, issues can be tackled at various levels and that
PPPM can operate visions, innovations and opportunities in terms
of sustainability. PM's can operate as a ‘hub for governance’,
only if there is structure for corporate and social
responsibilities (CSR), which appear to be opposite between
Walmart and M&S’s ‘Plan A’ (Anon, 2014; Dyllick & Hoberts, 2002;
Mitchel, 2013).
6.0 References
Association for Project Management. (2012). APM body of knowledge.
6th edn. Buckinghamshire: APM Publishing.
Anon, (2014). [online] Marks and Spencer's Plan A. Available at:
http://www.planareport.marksandspencer.com/downloads/M&S-PlanA-
2014.pdf (Accessed 22 Oct. 2014).
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Anon, (2014). [online]. Walmarts' Global Responsibility - “Live
Better” initiatives are making a difference. Available at:
http://corporate.walmart.com/global-responsibility/ (Accessed 26
Oct. 2014).
Balestrero, G (2010). Project Management Institute. What Does
Hope Look Like – Project Management and a Sustainable Future.
YouTube video. [online] Available at:
https://www.youtube.com/watch?v=LxbKnHEnoWk (Accessed 26 Oct.
2014).
Bonini, S & Gorner, S. (2011). The business of sustainability: McKinsey
Global Survey results. [online] Available at: http://www.mckinsey.com/insights/energy_resources_materials/the_b
usiness_of_sustainability_mckinsey_global_survey_results
(Accessed 22 Oct. 2014).
Corporate.marksandspencer.com, (2014). Carbon Neutral. [online]
Available at: http://corporate.marksandspencer.com/plan-a/about-
plan-a/carbon-neutral (Accessed 22 Oct. 2014).
Dyllick & Hockerts (2002). Business Strategy and the Environment:
Beyond the Business Case for Corporate Sustainability. Vol 11, pp.130-141.
[Online] Available at: www.interscience.wiley.com (Accessed 18
Oct. 2014)
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Ebbesen, J.B & Hope A.J (2013). Re-imagining the Iron Triangle:
Embedding Sustainability into Project Constraints. PM World
Journal, Vol.2, Issue 3 – March 2013. [online] Available at:
http://nrl.northumbria.ac.uk/11311/ (Accessed 22 Oct. 2014).
Frazier, T (2014). Fusion Will Be a Huge Clean-Energy
Breakthrough. [online] Available at:
http://www.forbes.com/sites/netapp/2014/09/29/fusion-clean-
energy-nif-cio/ (Accessed 26 Oct. 2014).
Hope, A (2013). Lecture 5 – Sustainable Project Management
YouTube video, October 24, 2013. [online] Available at:
https://www.youtube.com/watch?v=t2TNwghBddk (Accessed 26 Oct.
2014).
Hope, A.J & Moehler, R (2014). Balancing projects with society
and the environment: A project, programme and portfolio approach.
Procedia - Social and Behavioural Sciences, 119. pp. 358-367.
[online] Available at:
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Juran, J. & Gryna, F. (1995). Juran's quality handbook. 5th edn. New
York: McGraw-Hill.
Koch, R. (2011). The 80/20 principle: the secret to achieving more with less.
Random House LLC. [online] Available at:
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http://philosophersnotes-samples.s3.amazonaws.com/pdf/the-80-20-
principle.pdf (Accessed 31 Oct. 2014).
Maltzman, R. & Shirley, D. (2011). Green Project Management. 1stedn.
Boca Raton: CRC Press.
Mitchel, S (2013). ILSR (Institute for the Local Self-Reliance).
New Report Reveals Walmart's Climate Impact, November 13, 2013. [online]
Available at: http://www.ilsr.org/walmart-climate/ (Accessed 27
Oct. 2014).
Muller, R. (2009). Project Governance. 1st edn. Gower Publishing
Sanders, R. (1992). The Pareto principle: Its use and abuse.
Journal of Product & Brand Management.
Schneier et al (1994). The training and development sourcebook. 2nd edn.
Massachusetts: HRD Press.
WCED (1987). Our Common Future. World Commission on Environment
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Winch, G. M., Morris, P., & Pinto, J. (2007). Managing Project
Stakeholders. In P. Morris & J. Pinto (Eds.), The Wiley guide to
project, program, and portfolio management (pp. 271-289).
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Williams, P. (2014). Is Stage Gate the Right Tool for the Job: A Fresh Look at
Innovation Portfolio Management | Innovation Management. [online]
Available at: Innovationmanagement.se. (Accessed 22 Oct.
2014).
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7.0 Bibliography
Allwood, J. (2014). Should we design for deconstruction?
Construction Professional, pp.30-31.
BBC news article. File on Four, aired 24 February 2013. Britain’s
Plutonium Mountain. [Online] Available at:
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BBC news article. Inside Out, aired 29 September 2014. How should
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British Standards Institution (2005) ISO 9000:2005, Quality
management systems – Fundamentals and vocabulary, [Online] Available at:
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Crawford et al (2008). Project Management Journal: Governance and
Support in the Sponsoring of Projects and Programs. Vol 39, S43-S55.
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Grafsgaard, B. (2014). Sustainable Innovation through Portfolio,
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http://www.ittoday.info/ITPerformanceImprovement/Articles/2012-
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Halliday, S. (2008) Sustainable Construction. 1st edn. Oxford:
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Maylor, H. (2010). Project management. 4th edn. Essex: Pearson
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The Enterprise Portfolio Management Council. (2009). Project Portfolio
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John Wiley & Sons, Inc.
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