Does Project Portfolio Management Approach Fit Smart City Management?

Nowadays public administrations have to face many challenges related to Smart City initiatives and must coordinate these projects executing effective Smart City strategies with the adoption of an efficient portfolio management framework. Except for a few aspects, literature about this topic is scarce so this study was carried out as an attempt to evaluate the feasibility of adopting PMI's Project Portfolio Management methodology to handle Smart City initiatives. A specific survey investigating how much Smart City projects mirror portfolio dynamics has been submitted to experts across the globe and the collected results have been analysed according to our possibilities. Results are twofold: on the one hand, it appears that the Project Portfolio Management approach could be beneficial for managing Smart City project sets, on the other hand, the Project Portfolio Management seems to be a very suitable tool when the Smart City project portfolio is heavily influenced by external stakeholders.