A CONCEPTUAL MODEL FOR IMPROVED PROJECT SELECTION AND PRIORITISATION

Authors

  • P. J. Viljoen Department of Engineering and Technology Management, University of Pretoria
  • H. Steyn Department of Engineering and Technology Management, University of Pretoria

DOI:

https://doi.org/10.7166/18-1-134

Abstract

ENGLISH ABSTRACT: Project portfolio management processes are often designed and operated as a series of stages (or project phases) and gates. However, the flow of such a process is often slow, characterised by queues waiting for a gate decision and by repeated work from previous stages waiting for additional information or for re-processing. In this paper the authors propose a conceptual model that applies supply chain and constraint management principles to the project portfolio management process. An advantage of the proposed model is that it provides the ability to select and prioritise projects without undue changes to project schedules. This should result in faster flow through the system.

AFRIKAANSE OPSOMMING: Prosesse om portefeuljes van projekte te bestuur word normaalweg ontwerp en bedryf as

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Published

2011-11-05

How to Cite

Viljoen, P. J., & Steyn, H. (2011). A CONCEPTUAL MODEL FOR IMPROVED PROJECT SELECTION AND PRIORITISATION. The South African Journal of Industrial Engineering, 18(1). https://doi.org/10.7166/18-1-134

Issue

Section

General Articles