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A Multi-criteria Approach in the Project Selection Process in Multi-Project Context

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  • Charles Éric Manyombé
  • Sébastien H. Azondékon

Abstract

In a multi-project environment, organizational complexity refers to the difficulties that organizations often face in choosing projects to build their portfolios, since they do not aim to achieve the same strategic business objectives. It is for this reason that the project selection process requires the implementation of an effective decision-making tool when composing a project portfolio. The objective of this paper is to propose an adapted framework for a better project selection procedure inspired by the approaches of strategic relevance, profitability criteria, uncertainty, and risk analysis, the ability to dispose of scarce resources, and the determination of interdependencies between different projects.

Suggested Citation

  • Charles Éric Manyombé & Sébastien H. Azondékon, 2021. "A Multi-criteria Approach in the Project Selection Process in Multi-Project Context," International Business Research, Canadian Center of Science and Education, vol. 14(6), pages 125-125, June.
    • Handle: RePEc:ibn:ibrjnl:v:14:y:2021:i:6:p:125
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    References listed on IDEAS

    as
    1. F Ghasemzadeh & N Archer & P Iyogun, 1999. "A zero-one model for project portfolio selection and scheduling," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 50(7), pages 745-755, July.
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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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