Project portfolio management as a tool for implementing an organization's strategy: development of a project selection and ranking system

At the current stage, development of economic relations is characterized by high competition in all sectors economy with no exception. Requirements, applicable to quality products and services, resource conservation, environmental safety technologies are increasing. Hence, these changes need investments a balanced approach implementation projects, having versatile foci scale. In this regard, portfolio management toolkit increasingly used, since it allows for an optimal set components clear focus on strategic company's activities. The motivation ability optimize investment resources disbursement priorities.
 Given project portfolio, necessary implement such processes as assessment each from standpoint compliance corporate objectives, elimination task duplication within cost feasibility assessment, well ranking balancing. Many researchers believe that advisable use expert analysis methods selection ranking, experts able assess not only quantitative, but also qualitative characteristics components, their focus, extra data. most acceptable analytic hierarchy process, buckets method.
 component has been examined selected according commercial efficiency criteria, solve assessing component’s impact targets whole. We problem developing system target indicators, related company activities, requires further consideration. To generate objective, apply SMART methodology, which focused objectives being specific, measurable, achievable, relevant company, time-bound. This quite consistent portfolio. dynamic nature implementation, along permanency balancing at verification life cycle phase, will allow avoid risks.
 paper aims review summarize approaches, goals principles organization, develop suggestions projects taking into account interdependence changes. Having standard classification, co-authors propose step-by-step formation providing systemic synergy. be based provisions methodology experience its various spheres economy, regulatory legal acts, opinions well-known economists. proposed criteria requirements goal setting include following positions: revenue increase; production costs decrease; market share growth; capitalization growth. rating determined sum contribution points achievement above targets.