A Creative Way to Introduce Aligned Strategic Decisions Making in Portfolio Management Process

Document Type : Research

Authors

1 Assistant Professor, Institute for Research & Planning in Higher Education, Tehran, Iran

2 Assistant Professor Building Department, Faculty of Architecture and Urban Planning

3 Faculty Member of University of Kurdestan

Abstract

Project portfolio management helps organizations to plan, evaluate, prioritize and select the projects as managerial new pattern. This pattern confirms achieving the organizational strategic objectives through integrated management while observing prerequisites between projects. This research has fond the main approach on selecting and prioritizing projects in alignment with general organizational strategy, with focus on some theories about strategies in project oriented organizations. It has selected the most prominent criteria insist on organizational strategic directions by directed interviews. Research finding indicates that in project selection process of the holding companies decision making isn’t parallel with organizational long term objectives and vision due to growing the size of project portfolio in long term horizon. These differences suggest the necessity of certain changes in present patterns and processes of selecting the project portfolio and guarantee to implement organizational strategies in this process successfully. This research has recreated the most prominent criteria of present models by method of problem solving, with assuming the evidences reflect the importance of strategic variable of project in line with organizational vision from the view point of decision makers.

Keywords

References

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Journal of Strategic Management Studies
Volume 1, Issue 4 - Serial Number 4
March 2011
Pages 121-149

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History

  • Receive Date: 16 April 2010
  • Revise Date: 12 June 2019
  • Accept Date: 21 November 2010

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