IT/IS Project Portfolio Selection in the Presence of Project Interactions - Review and Synthesis of the Literature
نویسندگان
چکیده
Adequately considering interactions among IT/IS projects in the process of constructing an IT/IS project portfolio is an important requirement for value-based IT/IS project portfolio selection. A lot of articles already deal with modeling approaches to incorporate such interactions, but the literature lacks a common terminology and a structured perspective on the manifold types of interactions and their effects. When applied in business practice, this may lead to a systematically wrong project portfolio selection. Based on a comprehensive literature review, our contributions are (1) an identification of relevant classification dimensions of IT/IS project portfolio selection, (2) the development of a framework that provides a structured perspective on deterministic, intratemporal interactions, and – as the main contribution – (3) a unification of the terminology and the semantics of interactions among IT/IS projects. This work shall support decision-makers in the identification of possible interactions among IT/IS project proposals.
منابع مشابه
Project Portfolio Risk Response Selection Using Bayesian Belief Networks
Risk identification, impact assessment, and response planning constitute three building blocks of project risk management. Correspondingly, three types of interactions could be envisioned between risks, between impacts of several risks on a portfolio component, and between several responses. While the interdependency of risks is a well-recognized issue, the other two types of interactions remai...
متن کاملA New Approach to Project Risk Responses Selection with Inter-dependent Risks
Risks are natural and inherent characteristics of major projects. Risks are usually considered independently in analysis of risk responses. However, most risks are dependent on each other and dependent risks are rare in the real world. This paper proposes a model for proper risk response selection from the responses portfolio with the purpose of optimization of defined criteria for projects. Th...
متن کاملMulti-criteria approach to project portfolio selection considering structural hardness and correlations between projects
Project portfolio selection is very important subject of decision-makers in project-based organizations. The best assignment of resources to the most appropriate projects is necessary as financing projects with low benefit is just waste of organization's resources. However, existing project selection models pay not much attention the structure and special features of projects as a selection cri...
متن کاملProject Portfolio Selection with the Maximization of Net Present Value
Projects scheduling by the project portfolio selection, something that has its own complexity and its flexibility, can create different composition of the project portfolio. An integer programming model is formulated for the project portfolio selection and scheduling.Two heuristic algorithms, genetic algorithm (GA) and simulated annealing (SA), are presented to solve the problem. Results of cal...
متن کاملA new framework for high-technology project evaluation and project portfolio selection based on Pythagorean fuzzy WASPAS, MOORA and mathematical modeling
High-technology projects are known as tools that help achieving productive forces through scientific and technological knowledge. These knowledge-based projects are associated with high levels of risks and returns. The process of high-technology project and project portfolio selection has technical complexities and uncertainties. This paper presents a novel two-parted method of high-technology ...
متن کاملA Comprehensive Model for R and D Project Portfolio Selection with Zero-One Linear Goal-Programming (RESEARCH NOTE)
Technology centered organizations must be able to identify promising new products or process improvements at an early stage so that the necessary resources can be allocated to those activities. It is essential to invest in targeted research and development (R and D) projects as opposed to a wide range of ideas so that resources can be focused on successful outcomes. The selection of the most ap...
متن کامل