Contributing factors to optimal project portfolio selection

Wheeler, Douglas J. (2013) Contributing factors to optimal project portfolio selection. Masters by Research thesis, Queensland University of Technology.


A modified Delphi approach has been applied in this study to investigate best practice and to determine the factors that contribute to optimal selection of projects. There are various standards and practices that some may recognise as representing best practice in this area. Many of these have similar characteristics and this study has found no single best practice.

The study identified the factors that contribute to the optimal selection of projects as: culture, process, knowledge of the business, knowledge of the work, education, experience, governance, risk awareness, selection of players, preconceptions, and time pressures. All these factors were found to be significant; to be appropriate to public sector organisations, private sector organisations and government owned corporations; and to have a strong linkage to research on strategic decision making. These factors can be consolidated into two underlying factors of organisation culture and leadership.

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ID Code: 61988
Item Type: QUT Thesis (Masters by Research)
Supervisor: Trigunarsyah, Bambang & Teo, Melissa
Keywords: project selection, portfolio management, project portfolio selection, strategic decision making, organisational culture, leadership, contributing factors
Divisions: Current > Schools > School of Civil Engineering & Built Environment
Current > QUT Faculties and Divisions > Science & Engineering Faculty
Institution: Queensland University of Technology
Deposited On: 22 Aug 2013 01:05
Last Modified: 04 Sep 2015 02:27

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