Projects versus Portfolios: What are the Implications?
Author(s)
Chen, Min-Nan
Linton, Jonathan
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Abstract
Traditionally the focus of the technology innovation management literature is to evaluate and select projects. There are, however, substantial differences between project and portfolio selection. A portfolio of projects is optimal if it creates the best combination of possible outcomes. In most cases this will result in selecting a number of projects that on their own have a lower merit, than if considered as part of a group of projects. To achieve this requires a combination of qualitative and quantitative approaches. Current approaches and best practices from the technology innovation management literature and the opportunities and questions that still remain are identified.
Sponsor
Social Sciences and Humanities Research Council of Canada
Date
2011-09-15
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Text
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Proceedings