RESEARCH PORTFOLIO

Research Portfolio



Research Portfolio

Introduction

The objectives of portfolio management stem directly from the problems that arise in a multiproject environment. The main objectives are: Selection of projects and a portfolio that is able to achieve both tactical and strategic goals of the organization. Balancing the portfolio, that is, achieving a balance between short-and long-term projects, between projects and the possible risk revenue from their sale, the development of new products and improving old and so on. Monitoring the planning and implementation of selected projects. In particular, decisions regarding the allocation of scarce resources, ensuring all projects with the necessary resources in adequate quantities, while ensuring a profitable and efficient use of resources. Analysis of the effectiveness of the portfolio of projects and finding ways to improve it. Making decisions about the introduction of a portfolio of new projects or the closure of unprofitable or low-effective projects. Comparison of new projects among themselves and with respect to projects already included in the portfolio, as well as evaluation of their interaction. Matching the requirements of these projects with other activities unrelated to the project as such (for example, the production of finished products, etc.). Work closely with the various functional units.

Discussion

Ensuring a stable and effective mechanism for managing projects. For example, the development of organizational charts and management systems to meet the ever-changing needs of the project or find ways to consolidate the knowledge acquired by staff in the implementation of various projects. Providing information and advice to managers at all levels for their decision-making Portfolio management tools are a means of improving the performance of integrated portfolio approach to financial performance to the principles enshrined in portfolio management. It can run as creating a new, and when updating existing portfolio (Bernstein & Fabozzi, 2007). The need for processes defined on the basis of a visual representation of the project portfolio and calculate complex indices. Visualization is the square of the attractiveness/control project in the form of a circle whose size corresponds to the budget of the project. It is also necessary to analyze the distribution of equity investments by different groups of projects with a pie chart, which allow to compare the actual distribution of funds for projects with previously approved.

The purpose of portfolio optimization is to increase the manageability and attractiveness of the projects and the portfolio as a whole by changing the parameters of the projects included in the portfolio. To achieve the goal it is necessary to develop management recommendations for the transformation projects (Brentani, 2004). This is done by combining all the relevant (with a common purpose, a close relationship and interdependence, the adjacency of projects on the basis of a customer, on the basis of community resources and management) of projects in the comparison group and in groups. For each group developed questions, projects, and the conditions for their inclusion in the portfolio of the target, what characteristics and parameters of the projects will affect the parameters of the target portfolio of projects? As a change-project evaluation, ...