Development and Validation of an Approach for Assessing the Risk and Health of IT Project Portfolios

Ruud Wissenburg, Rob Kusters, Harry Martin

Research output: Chapter in Book/Report/Conference proceedingConference Article in proceedingAcademicpeer-review

Abstract

Many organizations have established IT Project Portfolio Management to effectively manage portfolios of IT projects and balance them with their business strategy. Despite quite significant investments in IT projects and following IT Project Portfolio Management best practices, organizations often fail to actually realize the expected value with their project portfolio. To realize portfolio value now and in the future, a periodic assessment of the so-called health and risks of the IT project portfolio is essential. Several portfolio management standards have been published, but the scientific literature still lacks a theoretically based and practically validated approach for assessing IT project portfolio value in terms of health and risk. This study established such an approach for assessing IT project portfolio value, validated in a multiple-case study. We argue that this approach can support organizations in assessing their IT project portfolio in terms of health and risk, identifying areas for improvement, and thus having better control over realizing portfolio value.
Original languageEnglish
Title of host publication2023 International Conference on Advanced Enterprise Information System (AEIS)
PublisherIEEE Canada
Pages96-105
Number of pages10
ISBN (Electronic)9798350359268
ISBN (Print)9798350359275
DOIs
Publication statusPublished - 3 Dec 2023
Event2023 International Conference on Advanced Enterprise Information System (AEIS) - London, United Kingdom
Duration: 1 Dec 20233 Dec 2023
https://www.aeis.org/2023.html

Conference

Conference2023 International Conference on Advanced Enterprise Information System (AEIS)
Abbreviated titleAEIS 2023
Country/TerritoryUnited Kingdom
CityLondon
Period1/12/233/12/23
Internet address

Keywords

  • Standards organizations
  • Organizations
  • Portfolios
  • Best practices
  • Investment
  • Information systems

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