Abstract
Interdependencies are used to make project selection process more effective and successful in project portfolio management. Despite of having roots in sixties and relatedness to famous theories, interdependencies are still less researched field. Prior research is mostly seen on emphasizing theoretical-practical techniques and not much interdependency phenomenon per se. Therefore foundation of subject is worth to be investigated deeply. On the basis of dominant themes within the interdependency field, the foundation of one important theme - strategy, is explained thoroughly. Project selection turned to be link between interdependency and strategic management - project selection is very important in strategic management, and interdependencies are very important in project selection. More direct link was expected, since interdependencies are portfolio level strategic issue.
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