Abstract

The project portfolio selection process aims to maximize synergy among chosen projects while delivering significant value to the parent organization. Due to the complexity of this decision, several approaches to project portfolio selection have been developed. In this paper, we adopt a cooperative and static game with complete information and implement the Shapley Value to determine the optimal mix of projects in a case study of a Colombian project portfolio. The application of the Shapley Value demonstrates its equitable nature, as it fairly distributes benefits considering the number of coalitions and the agreements made by each project within these coalitions.

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