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

Charles Éric Manyombé and Sébastien H. Azondékon

International Business Research, 2021, vol. 14, issue 6, 125

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.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ibn:ibrjnl:v:14:y:2021:i:6:p:125

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