Mechanisms for Developing a Portfolio of Projects Based on the Organizationโs Sustainability Strategy
Oxana Klimenko – Russian Presidential Academy of National Economy and Public Administration (RANEPA), Prospect Vernadskogo, 84, bldg. 2, Moscow, 119571, Russian Federation
Svetlana Apenko – Dostoevsky Omsk State University, Prospect Mira, 55a, Omsk, 644077, Russian Federation
7th International Scientific ERAZ Conference โ ERAZ 2021 โ Conference Proceedings: KNOWLEDGE BASED SUSTAINABLE DEVELOPMENT,ย Online/virtual, May 27, 2021
ERAZ Conference Proceedings published by:ย Association of Economists and Managers of the Balkans – Belgrade, Serbia
ERAZ conference partners: Faculty of Economics and Business, Mediterranean University, Montenegro; University of National and World Economy – Sofia, Bulgaria; Faculty of Commercial and Business Studies – Celje, Slovenia; AMBIS University, Prague – Czech Republic; Faculty of Applied Management, Economics and Finance โ Belgrade, Serbia
ERAZ Conference 2021 Conference Proceedings: ISBN 978-86-80194-46-2, ISSN 2683-5568, DOI: https://doi.org/10.31410/ERAZ.2021
Keywords:
Strategy;
Sustainable development;
Project management;
Sustainability in projects;
Projects portfolios
Abstract: A large number of organizations \choose sustainable developยญment as their strategy. At the same time, the project format of the strategy implementation is growing, project management and strategic manageยญment are increasingly used in interconnections. However, the lack of mechยญanisms for translating the sustainable development strategy into the project portfolio is a pressing issue. The purpose of our research is to study the pracยญtice of translating a sustainability strategy into the projects of organizations, identify challenges and propose mechanisms for integrating a sustainabilยญity strategy in the formation of a project portfolio. The main method apยญplied for the research is the method of analyzing case studies. We studied 3 cases of three organizations on the implementation of strategic principles of sustainability in specific projects of digitalization and telecommunications. The study demonstrated the lack of clear mechanisms for translating the sustainability strategy into a portfolio of projects. The authorsโ proposals, firstly, contribute to the development of the theory and methodology of project management and strategic management in their relationship; secยญondly, they may be of interest to professionals and managers developing a sustainability strategy and forming portfolios of projects for this strategy.ย
![ERAZ Conference pdf ERAZ Conference pdf](https://eraz-conference.com/wp-content/uploads/2019/12/pdf-150x150.png)
ERAZ Conference
Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission.ย
![ERAZ Conference Open_Access ERAZ Conference Open Access](https://eraz-conference.com/wp-content/uploads/2020/11/Open_Access-e1606158100869.png)
References
Klimenko O., Kulakov V., Trofimov S., Ushenin A. (2018). Specifics of implementing proยญject management in state authorities. Russian Journal of Project Management, V7(1), 42-48. DOI: 10.12737/article_5ac5db250a3019.43276751 https://www.elibrary.ru/item.asยญp?id=32772795
Kurganov M. (2020). Project and Program management of the regional sustainable developยญment: features and theoretical approaches review. Russian Journal of Project Manageยญment, V9(1), 22-32. DOI: 10.12737/2587-6279-2020-22-32 https://www.elibrary.ru/item. asp?id=42878405
Telkov O. (2019). Determination of the most effective ways of implementing sustainable develยญopment projects in companies of the IT industry. Russian Journal of Project Management V8(2), 35-92. DOI: 10.12737/article_5d9c42e89a5379.72506542 https://www.elibrary.ru/ item.asp?id=41264300
Vafina K., Gabrielov O. (2019). Management of advanced special economic zones (ASEZ) proยญgrams from the position of sustainable development concept. Russian Journal of Project Management, V8(1), 3-15. DOI: 10.12737/article_5d2ec7adb20be6.56776641 https://www. elibrary.ru/item.asp?id=39189846
Zyulyaeva V., Perceva E. (2018). Criteria for project portfolio selection in the field of sustainable development. Russian Journal of Project Management, V7(4), 3-10. DOI: 10.12737/artiยญcle_5d1c5c1b43b0c1.31966660 https://www.elibrary.ru/item.asp?id=38538771