Title: A matrix for monitoring the strategic performance of project portfolios

Authors: Hynuk Sanchez, Benoit Robert

Addresses: Departement de Genie Industriel, Ecole Polytechnique de Montreal, Campus de l'Universite de Montreal, 2500, Chemin de Polytechnique, 2900, Boul. Edouard-Montpetit, Montreal H3T 1J4, Quebec, Canada. ' Centre Risque & Performance, C.P. 6079, succ. Centre-ville, Montreal H3C 3A7, Quebec, Canada

Abstract: This paper proposes a tool for monitoring the strategic performance of project portfolios and explains its implementation in order to detect the first effects of materialised risks and opportunities. It allows the early reaction for decreasing or increasing the influence of these effects on the achievement of portfolio goals. The monitoring tool considers the strategic interdependences in a portfolio which are the result of the contribution of projects for realising key strategic benefits and for achieving portfolio objectives. The paper explains the use of this tool and the manner that it supports the decision making during the processes of portfolio management.

Keywords: portfolio management; risk management; complexity; project portfolios; uncertainty; key performance indicators; KPIs; critical success factors; benefits realisation; portfolio monitoring; strategic performance.

DOI: 10.1504/IJPOM.2010.033659

International Journal of Project Organisation and Management, 2010 Vol.2 No.2, pp.135 - 153

Received: 12 Nov 2009
Accepted: 25 Dec 2009
Published online: 15 Jun 2010 *

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