Title: Optimisation of the decision-making process of investment in public projects through the use of practices of portfolio management

Authors: Leandro Bolzan De Rezende; Marcio Denys Pessanha Gonçalves

Addresses: The University of Manchester, Pariser Building, Manchester, M1 7JR, UK ' University of Brasília, Campus Universitário Darcy Ribeiro, Brasília/DF, 70910-900, Brazil

Abstract: This article aims to explore the portfolio management tools and techniques that can assist policy makers to improve the quality of public spending. The researchers were motivated by Brazil being a country that provides one of the worst returns of taxes collected for the well-being of society [IBPT, (2013), p.2]. Several studies have shown the tools and techniques for portfolio management can improve the performance of organisations. The article was written in the form of a theoretical study, using descriptive and bibliographic research. The study sought to identify the best practices existing on portfolio management to describe a basic model that can be deployed in any public organisation.

Keywords: public spending; portfolio management; decision-making; prioritisation; public budget.

DOI: 10.1504/IJMDM.2017.086994

International Journal of Management and Decision Making, 2017 Vol.16 No.4, pp.321 - 345

Received: 15 Jul 2016
Accepted: 20 Apr 2017

Published online: 03 Oct 2017 *

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