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Growing Science » Journal of Project Management » A hybrid of Delphi, AHP and TOPSIS Methods for project portfolio management

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Journal of Project Management

ISSN 2371-8374 (Online) - ISSN 2371-8366 (Print)
Quarterly Publication
Volume 4 Issue 2 pp. 141-156 , 2019

A hybrid of Delphi, AHP and TOPSIS Methods for project portfolio management Pages 141-156 Right click to download the paper Download PDF

Authors: Ahmad Borjy, Vahid Baradaran, Peyman Zandi, Milad Taheri

DOI: 10.5267/j.jpm.2019.1.004

Keywords: Ranking investment projects, Portfolio of projects, AHP, TOPSIS and Delphi

Abstract: Due to the importance and complexity of the portfolio management issue, over 100 different techniques have already been presented. In general, the final result of these tools is to create a prioritized list of the projects that must be selected for allocating resources. The use of financial strategies may be misleading in some cases, and it is necessary to combine these methods with other methods such as strategic approaches in order to guarantee a balanced portfolio toward the organizational strategies. On the other, categorizing projects into different baskets allows the organizations to select, evaluate and prioritize the projects in a subset using a set of similar criteria and techniques. In this article, by choosing agriculture sector as a case study, an attempt has been made to study the evaluation, ranking and management of projects with investment classifying strategy of the projects using Delphi, TOPSIS and AHP methods. The results reveal that in similar cases we can use the presented model by determining the type of activity and investment and localization of the indexes.

How to cite this paper
Borjy, A., Baradaran, V., Zandi, P & Taheri, M. (2019). A hybrid of Delphi, AHP and TOPSIS Methods for project portfolio management.Journal of Project Management, 4(2), 141-156.

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Journal: Journal of Project Management | Year: 2019 | Volume: 4 | Issue: 2 | Views: 2397 | Reviews: 0

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