Translating organisational strategies to projects using balanced scorecard and AHP: a case study

Q3 Business, Management and Accounting

International Journal of Project Organisation and Management Pub Date : 2021-07-12 DOI:10.1504/ijpom.2021.116262

Mozhgan Pakdaman, A. Abbasi, S. Sankaran

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引用次数: 1

Abstract

Organisations need to link portfolio of projects to business strategy to optimise organisational benefits, and make sure their business will survive in competitive environments. This research aims to define the benefit of using mix approaches to integrate organisational strategies with their portfolio of projects for project-based companies. This paper illustrates how the use of mix approaches of project portfolio management (PPM), balanced scorecard (BSC), and analytic hierarchy process (AHP) can increase organisational performance and effectiveness in a real life case company. An effective PPM conceptual model is proposed to illustrate the overall roadmap from organisational strategy to projects. Further, a portfolio strategy map is developed to visualise the cause and effect connection between portfolios and other strategic objectives using BSC approach. Finally, this study defines a portfolio selection criteria procedure using AHP to evaluate and select the right projects. Four workshops of project experts were convened, and several case study projects were considered to facilitate the success of the portfolios thereby adding value to the company.

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运用平衡计分卡和层次分析法将组织战略转化为项目:一个案例研究

组织需要将项目组合与业务战略联系起来，以优化组织利益，并确保他们的业务将在竞争环境中生存。本研究旨在定义使用混合方法的好处，以整合组织战略与他们的项目组合的项目为基础的公司。本文阐述了项目组合管理(PPM)、平衡计分卡(BSC)和层次分析法(AHP)的混合方法如何在现实生活案例公司中提高组织绩效和有效性。提出了一个有效的PPM概念模型来说明从组织战略到项目的总体路线图。此外，开发了一个投资组合策略图，以可视化的因果关系，投资组合和其他战略目标之间使用平衡计分卡方法。最后，本研究定义了一个投资组合选择标准程序，使用层次分析法来评估和选择合适的项目。召开了四次项目专家研讨会，并考虑了几个案例研究项目，以促进投资组合的成功，从而为公司增加价值。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

International Journal of Project Organisation and Management Business, Management and Accounting-Strategy and Management

CiteScore

1.30

自引率

0.00%

发文量

期刊介绍： The aim of IJPOM is to attract contributions, and especially case studies, from a wide spectrum of academics and practitioners. As managers and business schools are increasingly placing increasing emphasis on strategy implementation issues, a project management approach will undoubtedly become more compelling and thus more acceptable in a wide range of fields. Readership IJPOM''s readership will come from professionals and managers dealing with project management on a daily basis. It also includes academics and researchers from various fields (business administration, economics and social sciences) concerned with the topic as well as policy makers and project planners in the field of business, commerce and industry. Contents IJPOM publishes original, theoretical, conceptual and empirical papers on a wide range of issues about project management. It also includes best practice examples as well as technical reports on the latest project management tools. Topics covered include Pre-project activities Project proposals/initial analysis, conception/design, management models Post-deployment review/documentation Engineering, production, service, construction projects Public sector programmes/campaigns, public/private sector partnerships Consultancy projects, public relations campaigns Mergers/acquisitions, outsourcing, alliances Particular events, humanitarian aid programmes, disasters projects Virtual projects, web-based PM, open-ended projects Communication/collaboration, negotiation skills, risk assessment/management Current/emerging standards, facilities/equipment support, quality assurance/testing Goals/objectives setting, budgeting, time/cost estimating HRM challenges, staffing, organisation change projects Opportunity management, marketing/branding strategies, measurement/metrics Project coordination/scheduling/governance, knowledge management.