Research of Project Portfolio Selection Model Based on Organizational Strategy

Yaping Wang,J Li,K Chen,J Wu

doi:10.1051/e3sconf/202125302094

Abstract

Based on the theory of the existing research of the project portfolio management, the paper analyzes the key factors of the project portfolio selection, and evaluates them using the fuzzy comprehensive evaluation method. Finally, the paper builds a project portfolio choice integer programming model based on 0/1 integer programming, which is based on the organizations strategies.

Highlights

With the rapid economic growth, enterprises are increasingly facing the problem of how to select several projects from multiple projects to form a project portfolio
When comparing and choosing between single projects, more considerations are profitability, technical feasibility, etc.; when comparing and choosing from project portfolios, more consideration is between projects within the project portfolio from the perspective of corporate strategy
Project portfolio management ensures the consistency between the project and the company's strategic goals through project evaluation and selection and portfolio optimization, so as to maximize the benefits of the company

Summary

Introduction

With the rapid economic growth, enterprises are increasingly facing the problem of how to select several projects from multiple projects to form a project portfolio. How to carry out the project portfolio to achieve the company's strategic goals? Business decision-makers should pay attention to the interdependence between projects, and at the same time, they should pay attention to corporate strategy. Each project portfolio needs to be evaluated according to its own business value and company strategy, and to achieve certain business goals or business benefits. Project portfolio management ensures the consistency between the project and the company's strategic goals through project evaluation and selection and portfolio optimization, so as to maximize the benefits of the company. How to select several projects from multiple candidate projects to form a project portfolio based on the strategic orientation of the organization? The research on project selection in project portfolio management has very important theoretical value and practical significance

Research status

Comprehensive evaluation of the key influencing factors of project selection

Build a portfolio selection model

Conclusion