METHOD, SYSTEM AND PROGRAM PRODUCT FOR OPTIMAL PROJECT SELECTION AND TRADEOFFS

摘要

A method, system and program product for determining an optimal expected business value. The method includes inputting, into a tool, one or more projects, estimating business value, establishing impacts for resource and/or capacity demands and constraints, project dependencies, business value and risks, identifying projects to tradeoff when new projects arise and when change requests for projects emerge and determining, using the tool, an optimal project portfolio using results of the identifying step that can be utilized under any resource and capacity demands and constraints, project dependencies, business value, and risks established and based on identification of any tradeoff projects, wherein the optimal project portfolio provides an optimal expected business value for the business. The method further includes identifying, deselecting and trading off suboptimal projects in the optimal candidate project portfolio to tradeoff either when a new candidate project is inputted or when a change request arrives.