Perspectives on the Capabilities for the Selection of Strategic Projects

Khalifa Mohammed Al-Sobai, Shaligram Pokharel and Galal M. Abdella
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Khalifa Mohammed Al-Sobai: Department of Mechanical and Industrial Engineering, Qatar University, P.O. Box 2713 Doha, Qatar
Shaligram Pokharel: Department of Mechanical and Industrial Engineering, Qatar University, P.O. Box 2713 Doha, Qatar
Galal M. Abdella: Department of Mechanical and Industrial Engineering, Qatar University, P.O. Box 2713 Doha, Qatar

Sustainability, 2020, vol. 12, issue 19, 1-20

Abstract: Strategic projects are large scale, complex, and require significant investments and resources. These projects aim at gaining long-term social and economic benefits. Therefore, organizations focusing on strategic projects should use a consistent approach that suits their strategy, capability, and long-term expectations. Based on the four research questions and content analysis of the literature, generic processes used for the strategic project selection in tandem with the managerial capabilities are identified in this paper. The generic processes and managerial capabilities are used to develop a generic framework for strategic project selection. The framework is used for literature analysis in the paper. The review shows that both qualitative and quantitative methods are used for strategic project selection. Some possible research directions have also been proposed at the end of the review. The paper provides value to both researchers and practitioners in terms of tools available and a guidance on project selection through a structured process framework.

Keywords: strategic projects; process framework; decision making; project selection (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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