Robust portfolio modeling (RPM) [Liesiö, J., Mild, P., Salo, A., 2007. Preference programming for robust portfolio modeling and project selection. European Journal of Operational Research 181, 1488–1505] supports project portfolio selection in the presence of multiple evaluation criteria and incomplete information. In this paper, we extend RPM to account for project interdependencies, incomplet...

How is it possible to derive the superior IT investment portfolio? One main identified research objective in IT portfolio management (ITPM) is to manage a set of IT assets, similar to manage a financial portfolio to attain the superior return and risk. Among various IT assets, the investment in IT project is particularly critical. In finance, the concept of portfolio selectivity generally refer...

One central and important requirement for IS project portfolio selection is the adequate consideration of project interactions. However, the IS discipline notably lacks a common understanding of the nature of project interactions and their impact on IS project portfolio selection. To remedy this we conduct a systematic and interdisciplinary literature review thereby providing a starting point f...

When does a venture capital firm withdraw from an investment project prior to its completion? This study offers a real options view on this decision by examining the contingent effects of portfolio configuration. We explore how project withdrawal can be influenced by two distinct dimensions of portfolio configuration, portfolio focus in a strategic domain and portfolio diversity across multiple...

While a number of studies have analysed portfolio management in goods firms, few have focused on the processes and practices within service firms. This research project investigated the attitudes, approach and practices geared towards project portfolio management (PPM) in UK based financial service firms. An exploratory research approach is undertaken via in-depth interviews with key informants...

Adequately considering interactions among IT/IS projects in the process of constructing an IT/IS project portfolio is an important requirement for value-based IT/IS project portfolio selection. A lot of articles already deal with modeling approaches to incorporate such interactions, but the literature lacks a common terminology and a structured perspective on the manifold types of interactions ...

While a number of studies have analysed portfolio management in goods firms, few have focused on the processes and practices within service firms. This research project investigated the attitudes, approach and practices geared towards project portfolio management (PPM) in UK based financial service firms. An exploratory research approach is undertaken via in-depth interviews with key informants...

Recent years have seen an increasing interest in IT project portfolio management. Consequently, a considerable number of respective practices and approaches have been published. However, these contributions are scattered through a large number of journals and conferences and address very different topics. Therefore, this contribution sets out to locate the relevant body of literature related to...