ITPM 2024: pp. 1 - 10
Authors:
- Yevheniia Boiko
- Yuliia Diachenko
- Tetiana Shandra
- Valerii Yakovenko
1 Kyiv National University of Construction and Architecture, Povitroflotsky Avenue 31, 03037 Kyiv, Ukraine
2 Kyiv National University of Construction and Architecture, Povitroflotsky Avenue 31, 03037 Kyiv, Ukraine
3 Kyiv National University of Construction and Architecture, Povitroflotsky Avenue 31, 03037 Kyiv, Ukraine
4 Kyiv National University of Construction and Architecture, Povitroflotsky Avenue 31, 03037 Kyiv, Ukraine
Abstract
In the dynamic IT industry, project portfolio management (PPM) plays a pivotal role in
organizational success. However, traditional PPM methods often struggle to cope with the
increasing volume, complexity, and uncertainty of IT projects. To address these challenges, this
paper explores the application of intelligent techniques for project portfolio development in IT
companies. The paper highlights the benefits of data-driven prioritization, strategic alignment,
risk management and resource optimization, and continuous improvement in enhancing PPM
practices. It emphasizes the role of machine learning, AI-powered tools, and real-time monitoring
dashboards in enabling intelligent project portfolio development. The article contains practical
recommendations and steps that IT companies can use to improve their project management
processes. It also provides valuable guidance on how to address typical problems and challenges
that IT companies may face during project portfolio formation. This article is an important source
of information for IT leaders, project managers, and other professionals in the IT industry who
are looking for effective ways to optimize project management in their organizations. The paper
concludes by emphasizing the importance of ethical considerations, human oversight, and data
quality in implementing intelligent PPM solutions. By embracing these intelligent techniques, IT
companies can optimize their project portfolios, maximize resource utilization, and achieve their
strategic goals.
Keywords
project portfolio, project portfolio management, intelligent project portfolio development,
information technology, evaluation and selection of projects, portfolio balancing1
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