Authors:
Khadija Benaija
and
Laila Kjiri
Affiliation:
ENSIAS and Mohammed-V Souissi University, Morocco
Keyword(s):
Project Portfolio Management, Portfolio Risk Management, Strategic Alignment, Creation of Business Value.
Related
Ontology
Subjects/Areas/Topics:
e-Business
;
Enterprise Engineering
;
Enterprise Information Systems
Abstract:
Projects portfolio management allows the company to select, prioritize, integrate, manage and check its projects in a multi project context. In this paper, we consider a very important part of the projects portfolio management namely the selection of projects. Indeed, the greatest challenge for managers today is to be sure that the projects initiated achieve the strategic and financial objectives of the company. Our paper proposes a framework for project selection based on three main criteria: value creation, risk management and alignment with the business strategy. After a brief review of the literature regarding the basic concepts used, we propose bivariate analyses: risk-value, risk-alignment and value-alignment. Our contribution in this paper is to design a framework that realizes the trade-off between the three criteria.