Hybrid Approach for Project Portfolio Selection Taking Account of Resources Management and Interactions between Projects
Khadija Benaija, Laila Kjiri
Journal of Digital Information Management, Vol. 13, No. 6, 2015.
DOI: 
Link: http://dline.info/fpaper/jdim/v13i6/v13i6_6.pdf
Abstract:
From among numerous opportunities, organizations
must select the projects they decide to pursue.
The consequences of poor decisions can be extremely
expensive. This is why many methods and models
for project portfolio selection have been developed. In
this paper, we propose a project portfolio selection approach
that combines essentially a business strategy
method with a scoring model. The financial method is
also present of the fact that the scoring model considers
the financial value as an important criterion. The proposed
hybrid approach also includes recommendations on the
selection criteria provided. Two criteria are identified: the
value and risk, the third is at the option of the organization
for more flexibility. The approach provides a phase
control on two elements: the management of resources
and interactions between projects.