Portfolio Management Models

This paper transfers and adapts the Black-Litterman portfolio management model and its subsequent generalizations to the characteristics and specificities of assets quoted on sports betting markets. The results show that these assets are suitable for the application of portfolio management models with the possible inclusion of investors’ opinions. Information based on the variability of market prices and the attention received by NBA teams in Google Trends is successfully used to simulate the opinions expressed by a hypothetical portfolio manager. Furthermore, the assets are suitable for inclusion in portfolios in which managers are seeking returns uncorrelated with other assets.

Download Full-text

Strategic Innovation, Foresight and the Deployment of Project Portfolio Management under Mid-Range Planning Conditions in Medium-Sized Firms

Sustainability ◽

10.3390/su14010080 ◽

2021 ◽

Vol 14 (1) ◽

pp. 80

Author(s):

Nick Hadjinicolaou ◽

Mohamad Kader ◽

Ibrahim Abdallah

Keyword(s):

Portfolio Management ◽

Value Chain ◽

Business Models ◽

Planning Process ◽

Past Research ◽

Project Portfolio ◽

Project Portfolio Management ◽

Management Models ◽

Strategic Innovation ◽

Strategic Context

The purpose of this paper is to examine the ability of a firm to innovate and absorb its innovative developments by borrowing concepts and models from project portfolio management (PPM). Using past research and the existing literature, it evaluates the potential to apply PPM to the medium-term strategic planning efforts of small- and medium-sized firms. The implementation of strategic innovation requires organizations to develop both a dynamic culture and flexible internal systems that yield to major external changes in their industry as well as internal resource changes. Such changes could include supply or value chain adjustments, changes in consumer behavior, re-allocation of internal resources or the responses of competitors. This paper examines the planning and implementation of project portfolio management tools in small- and medium-sized enterprises (SMEs) (50–250 employees) with a mid-range (2–4 years) planning horizon that are required to innovate in a strategic context to remain competitive or to take advantage of new opportunities. It relates strategic foresight to the ability of the firm to adjust tactically, including in the utilization and development of internal tools, processes, systems and culture. This paper contributes to the literature by examining the potential for PPM methodologies and models to support decision making in a strategic context in SMEs, an area that is under-represented in the research on strategy. It also relates this foresight with strategic innovation and draws parallels between the strategic management planning process and the use of project portfolio management models. It argues that strategic innovation is closely tied with the ability not just to innovate but to absorb this innovation within the organizational processes and build organizational maturity. It also examines the potential use of project portfolio management models to aid strategic innovation. The use of PPM models in support of strategic innovation may contribute to the sustainability of SMEs as businesses and to the potential to identify new business models that enhance the sustainability of a firm’s competitive advantage, particularly in mid-term.

Download Full-text

Research of IT Projects Portfolio Management Models in Cosmetics Retailer

Scientific Research and Development Russian Journal of Project Management ◽

10.12737/article_5d1c5d6e9413b4.18825244 ◽

2019 ◽

Vol 7 (4) ◽

pp. 11-22

Author(s):

Дарья Денисова ◽

Dar'ya Denisova

Keyword(s):

Portfolio Management ◽

Success Factors ◽

Retail Sector ◽

It Projects ◽

Factors Affecting ◽

Management Models ◽

It Project ◽

Project Portfolios

Nowadays there is a large number of studies in the literature devoted to the analysis and classification of approaches to the formation of IT project portfolios. However, the unexamined question remains concerning the effectiveness of IT project portfolios management in the retail sector. Objective: exploration of the existing IT project portfolios management models in the cosmetics retailer, and formulation of recommendations for their improvement, which will help to resolve resource conflicts, to take into account the seasonality in the formation of the portfolios and will increase the overall competitiveness of the company. Object of research: cosmetics retailer. Subject of research: the processes of IT project portfolios management in cosmetics retailer (in particular, the processes of portfolio formation, resource management and quality of project products, as well as success factors of IT-projects). Research methodology: 1) analysis of the literature; 2) questionnaire; 3) informal interviews with project and portfolio managers; 4) classification and systematization of the information received; 5) analysis of project documentation. Main results of the study. 1. Identification and classification of IT project portfolios management models in the company, formed independently – flexible model and rigid model. 2. Identification and classification of the factors affecting the quality of it project products in the portfolios. 3. Confirmed the influence of the seasonality factor on the success of projects in the portfolios; the economic efficiency of taking into account the seasonality factor at the stage of formation of the project portfolio is calculated. 4. Recommendations on overcoming of the identified problems in the IT project portfolios management are formulated.

Download Full-text