Foresight of R&D Project portfolio management Result in defense project-oriented organization using System Dynamics approach

Document Type : Original Article

Authors

1 PhD in industrial engineer of Imam Hussein University

2 Associate Prof. in Imam Hussein University

Abstract

Success of project-oriented organization and its future depends to achievement of goals of its projects. Alignment of projects to organization’s goals and roadmap and best selection of them with respect to limited resource is the main challenge of these organizations. Weighting of project prioritization indexes is based on politics that should support the all of organization's goals. There are tradeoff and conflict between politics and because of inherent delay in system, the result of implementation of them will be appeared in future. So we should simulate the result of implementation of politics to foresight the result of organization by best selection of projects.
We use system dynamics approach to simulate and analyze implementation of politics of project portfolio management by VENSIM software. We used experts to approve the structure of model and relation between factors. These experts are from all of organization sections to all aspect of project portfolio management. For validation of simulation result compare the historical data with result of model for some of key variables. In this research we simulate the policies of project selection in a system dynamics model and the key variable and leverage factor of R&D project portfolio management system will be recognized based on analyzing the result of simulation and then we propose a model that we can achieve the best of organization goals.

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