scholarly journals Application of Interaction Effect Multichoice Goal Programming in Project Portfolio Analysis

2021 ◽  
Vol 2021 ◽  
pp. 1-10
Author(s):  
Su-Lan Zhai ◽  
Xiao-Lan Wu ◽  
Sheng-Yuan Wang ◽  
Tong Zhao

How to choose the optimal project portfolio based on the enterprise objectives is very important for the survival and development of an enterprise. However, the current portfolio analysis needs to be improved in the aspects of interaction effect analysis, multichoice target planning, and method simplicity and practicability. The method of portfolio selection proposed in this study takes into consideration the complex interaction within the portfolio, which makes up for the deficiency of the existing research on portfolio selection. This paper illustrates the application of the multichoice object programming method in the analysis of the combination of two-project and three-project interaction effects by a series of examples. The results show that the method is applicable in portfolio evaluation. The method of multichoice goal programming of the interaction effect provides the basis for enterprise to measure the complex relationship within the portfolio and also provides a new method and idea for the selection of the enterprise project portfolio.

2017 ◽  
Vol 9 (8) ◽  
pp. 1302 ◽  
Author(s):  
Animesh Debnath ◽  
Jagannath Roy ◽  
Samarjit Kar ◽  
Edmundas Zavadskas ◽  
Jurgita Antucheviciene

2021 ◽  
Vol 0 (0) ◽  
pp. 0
Author(s):  
Zonghan Wang ◽  
Moses Olabhele Esangbedo ◽  
Sijun Bai

<p style='text-indent:20px;'>To date, the selection of a project portfolio that maximises the decision-making outcome remains essential. However, existing research on project synergy has mainly focused on two projects, while there are multiple projects in some cases. Two kinds of synergies among multiple projects are proposed. First, multiple projects must be selected together, in order to produce synergy. Second, some projects depend on synergy with other projects, leading to a synergetic increase in performance. Furthermore, we present strategic synergy, with benefits, resources, and technology, which is quantified for a procurement project concerning a COVID-19 pandemic recovery plan. A design structure matrix is used to describe the technology diffusion among the projects. Then, strategic alignment is utilised to measure the strategic contribution of projects. Next, a portfolio selection model considering uncertainty is established, based on the strategic utility. Finally, our results indicate that selecting projects considering multi-project synergy is more advantageous.</p>


IEEE Access ◽  
2021 ◽  
pp. 1-1
Author(s):  
Kyle Robert Harrison ◽  
Saber Elsayed ◽  
Ivan L. Garanovich ◽  
Terence Weir ◽  
Michael Galister ◽  
...  

Sign in / Sign up

Export Citation Format

Share Document