TY - GEN
T1 - An optimised portfolio management model, incorporating best practices
AU - Naidoo, Y.
AU - Pretorius, J. H.C.
AU - Marnewick, A.
N1 - Publisher Copyright:
Copyright © 2015 by the University of Johannesburg.
PY - 2015
Y1 - 2015
N2 - Driving sustainability, optimizing return on investments and cultivating a competitive market advantage, are imperative for organizational success and growth. In order to achieve the business objectives and value proposition, effective management strategies must be efficiently implemented, monitored and controlled. Failure to do so ultimately results in financial loss due to increased capital and operational expenditure, schedule slippages, substandard delivery on quality and the depreciation of market share. This research paper investigates and discusses management strategies focusing on the integration of effective portfolio management, efficient system development life cycles and optimal project control to ultimately drive organizational sustainability and growth. With the aid of this research, optimal decisions on project/organizational venture selection can be made. Furthermore, integrating portfolio management strategies with system development life cycles and optimal project control strategies, will optimize an organizational portfolio and enhance the probability of project and organizational success.
AB - Driving sustainability, optimizing return on investments and cultivating a competitive market advantage, are imperative for organizational success and growth. In order to achieve the business objectives and value proposition, effective management strategies must be efficiently implemented, monitored and controlled. Failure to do so ultimately results in financial loss due to increased capital and operational expenditure, schedule slippages, substandard delivery on quality and the depreciation of market share. This research paper investigates and discusses management strategies focusing on the integration of effective portfolio management, efficient system development life cycles and optimal project control to ultimately drive organizational sustainability and growth. With the aid of this research, optimal decisions on project/organizational venture selection can be made. Furthermore, integrating portfolio management strategies with system development life cycles and optimal project control strategies, will optimize an organizational portfolio and enhance the probability of project and organizational success.
KW - Portfolio management
KW - Project controls
KW - Project success
KW - Sustainability
KW - System development life cycles
UR - http://www.scopus.com/inward/record.url?scp=84959278863&partnerID=8YFLogxK
M3 - Conference contribution
AN - SCOPUS:84959278863
T3 - IAMOT 2015 - 24th International Association for Management of Technology Conference: Technology, Innovation and Management for Sustainable Growth, Proceedings
SP - 2785
EP - 2797
BT - IAMOT 2015 - 24th International Association for Management of Technology Conference
A2 - Thopil, George Alex
A2 - Pretorius, Leon
PB - Graduate School of Technology Management, University of Pretoria
T2 - 24th International Association for Management of Technology Conference: Technology, Innovation and Management for Sustainable Growth, IAMOT 2015
Y2 - 8 June 2015 through 11 June 2015
ER -