Project Portfolio Selection considering interdependencies: A review of terminology and approaches
Project Portfolio Selection (PPS) is a relevant activity in organizations to define the best set of projects to pursue their strategic objectives. Previous works have presented diverse and sometimes conflicting understandings of the meaning and implications of interdependencies to PPS. This paper pr...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Elsevier
2024-12-01
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| Series: | Project Leadership and Society |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2666721523000364 |
| _version_ | 1826933968517201920 |
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| author | Gustavo Barbi Vieira Hévilla Souza Oliveira Jônatas Araújo de Almeida Mischel Carmen Neyra Belderrain |
| author_facet | Gustavo Barbi Vieira Hévilla Souza Oliveira Jônatas Araújo de Almeida Mischel Carmen Neyra Belderrain |
| author_sort | Gustavo Barbi Vieira |
| collection | DOAJ |
| description | Project Portfolio Selection (PPS) is a relevant activity in organizations to define the best set of projects to pursue their strategic objectives. Previous works have presented diverse and sometimes conflicting understandings of the meaning and implications of interdependencies to PPS. This paper presents a literature review encompassing the terminology and the multiple approaches available. We depict an unprecedented contribution to PPS research by proposing a novel definition for relationships between projects that organizes and clarifies the meanings of the pre-existing definitions for interdependencies, interactions, and synergy and fulfills the existing gaps in those current definitions. We also present a comprehensive overview of how future developments can improve PPS in organizations by considering these relationships. Thus, this work enables future research and practice to build upon the underlying concepts presented and to address the trends for PPS and program implementation. |
| first_indexed | 2024-03-08T16:25:57Z |
| format | Article |
| id | doaj.art-184a822598ad4762bf74399413122ee4 |
| institution | Directory Open Access Journal |
| issn | 2666-7215 |
| language | English |
| last_indexed | 2025-02-17T17:40:06Z |
| publishDate | 2024-12-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Project Leadership and Society |
| spelling | doaj.art-184a822598ad4762bf74399413122ee42024-12-14T06:33:11ZengElsevierProject Leadership and Society2666-72152024-12-015100115Project Portfolio Selection considering interdependencies: A review of terminology and approachesGustavo Barbi Vieira0Hévilla Souza Oliveira1Jônatas Araújo de Almeida2Mischel Carmen Neyra Belderrain3Instituto Tecnológico de Aeronáutica, Praça Marechal Eduardo Gomes, 50 - Vila das Acácias, São José dos Campos, 12228-900, São Paulo, Brazil; Universidade Federal de São Paulo, Av. Cesare Monsueto Giulio Lattes, 1201 - Eugênio de Melo, São José dos Campos, 12247-014, São Paulo, BrazilUniversidade Federal de Pernambuco, Av. Marielle Franco, S/n - Km 59 -Nova, Caruaru, 55014-900, Pernambuco, BrazilUniversidade Federal de Pernambuco, Av. Marielle Franco, S/n - Km 59 -Nova, Caruaru, 55014-900, Pernambuco, Brazil; Corresponding author.Instituto Tecnológico de Aeronáutica, Praça Marechal Eduardo Gomes, 50 - Vila das Acácias, São José dos Campos, 12228-900, São Paulo, BrazilProject Portfolio Selection (PPS) is a relevant activity in organizations to define the best set of projects to pursue their strategic objectives. Previous works have presented diverse and sometimes conflicting understandings of the meaning and implications of interdependencies to PPS. This paper presents a literature review encompassing the terminology and the multiple approaches available. We depict an unprecedented contribution to PPS research by proposing a novel definition for relationships between projects that organizes and clarifies the meanings of the pre-existing definitions for interdependencies, interactions, and synergy and fulfills the existing gaps in those current definitions. We also present a comprehensive overview of how future developments can improve PPS in organizations by considering these relationships. Thus, this work enables future research and practice to build upon the underlying concepts presented and to address the trends for PPS and program implementation.http://www.sciencedirect.com/science/article/pii/S2666721523000364Portfolio optimizationProject portfolio selectionPortfolio decision analysisProject interdependencyProject interactionProject synergy |
| spellingShingle | Gustavo Barbi Vieira Hévilla Souza Oliveira Jônatas Araújo de Almeida Mischel Carmen Neyra Belderrain Project Portfolio Selection considering interdependencies: A review of terminology and approaches Project Leadership and Society Portfolio optimization Project portfolio selection Portfolio decision analysis Project interdependency Project interaction Project synergy |
| title | Project Portfolio Selection considering interdependencies: A review of terminology and approaches |
| title_full | Project Portfolio Selection considering interdependencies: A review of terminology and approaches |
| title_fullStr | Project Portfolio Selection considering interdependencies: A review of terminology and approaches |
| title_full_unstemmed | Project Portfolio Selection considering interdependencies: A review of terminology and approaches |
| title_short | Project Portfolio Selection considering interdependencies: A review of terminology and approaches |
| title_sort | project portfolio selection considering interdependencies a review of terminology and approaches |
| topic | Portfolio optimization Project portfolio selection Portfolio decision analysis Project interdependency Project interaction Project synergy |
| url | http://www.sciencedirect.com/science/article/pii/S2666721523000364 |
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