Author： Cáñez Laura Garfias Marisol
Publisher： Industrial Research Institute, Inc
ISSN： 0895-6308
Source： Research-Technology Management, Vol.49, Iss.4, 2006-07, pp. : 46-55
Disclaimer: Any content in publications that violate the sovereignty, the constitution or regulations of the PRC is not accepted or approved by CNPIEC.
Abstract
Although project prioritization is widely used for analyzing portfolios, there is often a bias toward considering only quantitative criteria. This fails to account for such key considerations as strategic fit and potential impact. In order to have a balance between short- and long-term commitments, it is important to consider both quantitative and qualitative criteria, with risk being a key factor in the equation. However, project prioritization is only one of the components of portfolio management at the Mexican Petroleum Institute. Linking the portfolio analysis to the technology strategy and having a clear and well defined resource allocation policy are also necessary to carry out sound portfolio management.
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