Evaluation Indexes of Degree of Closeness between Strategy and Project Portfolio Allocation

Libiao Bai, Sijun Bai

School of Management, Northwestern Polytechnical University, Xi’an, China.

DOI: 10.4236/ajor.2015.51004                

Abstract

The main activities in project portfolio allocation management are selecting the right project components given a strategy. It is crucial to establish a scientific system of evaluation indexes to guarantee the closeness between strategy and project portfolio allocation optimally. With organizations growing in sizes, the functions and objectives of project components are becoming more and more different. It is necessary to set evaluation indexes of the degree of closeness from the perspectives of financial, market share, social effects, and so on according to the strategy-oriented process of project portfolio allocation. This paper proposes a project portfolio allocation process under strategic orientation and evaluation indexes of the degree of closeness between strategy and project portfolio allocation. This will help projects managers make portfolio allocation decisions.

Keywords

Project Portfolio Allocation, Evaluation Indexes, Degree of Closeness, PPA Process

Conflicts of Interest

The authors declare no conflicts of interest.

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