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Pilot Portfolio Model: Portuguese Navy

Author

Listed:
  • Ricardo Simplício

    (ISEG, Universidade de Lisboa, Portugal)

  • Jorge Gomes

    (ADVANCE/CSG/ISEG, Universidade de Lisboa, Portugal)

  • Mário Romão

    (ADVANCE/CSG/ISEG, Universidade de Lisboa, Portugal)

Abstract

In the times of major technological changes with ever-shorter production cycles, subject to strong global competition, it is vital for organizations to optimize resources and benefit from their investments in order to achieve the expected successes. One of the main difficulties that organizations face is the high number of projects in their portfolio. Selecting and prioritizing projects is essential to ensure the maximum return on investment and the sustainability of the organization. The selection and prioritization of projects depends to a great extent on the profile of the managers, organizational culture and frameworks best suited to the organization's environment. This study intends to confront the pilot model of selection and prioritization developed by the Portuguese Navy and establish a bridge with the academic literature. The project was carried out with the purpose of improving the process of allocating the necessary resources for the accomplishment of the missions of the Navy in the context of the Portuguese National Defence.

Suggested Citation

  • Ricardo Simplício & Jorge Gomes & Mário Romão, 2020. "Pilot Portfolio Model: Portuguese Navy," International Journal of Risk and Contingency Management (IJRCM), IGI Global, vol. 9(3), pages 45-56, July.
    • Handle: RePEc:igg:jrcm00:v:9:y:2020:i:3:p:45-56
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