Devising a multi-project approach to the formation of portfolios for restoration and development of territories within the concept of strategic investments and development packages of the STINBALEF project

Authors

DOI:

https://doi.org/10.15587/1729-4061.2023.291782

Keywords:

territory development, product planning, project portfolio management, multi-project approach

Abstract

This work relates to devising an approach to the formation of portfolios of restoration and development projects of territories. The object of research is the processes of development and restoration of territories. The subject of the study is the process of forming portfolios of development and restoration projects. The problem being solved is to devise an approach to the formation of project portfolios focused on the processes of development and restoration of territories.

The peculiarities of the organization of the processes of development and restoration of territories have been defined. It is shown that development and restoration projects are usually associated with the need to create many related products. Therefore, a multi-project approach was determined as the main one for the formation of portfolios of restoration and development projects of territories. A method to form multi-project portfolios using the cost-benefit concept has been developed. It is proposed to use the value created by the products of the sub-projects for the population of the territories as benefits.

A multi-project planning model was built, taking into account the cause-and-effect relationships between individual sub-projects. A feature of the model is that the products of subprojects are the object of planning. Vector analysis was used to determine the value of individual products, which makes it possible to establish the order of their creation in accordance with the cause-and-effect relationships between them.

The approach, method, and model were practically validated within the framework of actual scenarios of infrastructure development of the Košice Self-Governing Region on 4 classes of multi-projects, which were divided into sub-projects and were successfully implemented.

The devised approach, method, and model could be used to solve the tasks necessary for the restoration of the territories in Ukraine

Author Biographies

Iurii Teslia, Cherkasy State Technological University

Doctor of Technical Sciences, Professor

Department of Information Technology Design

Nataliia Yehorchenkova, Slovak University of Technology in Bratislava

Doctor of Technical Sciences, Professor

SPECTRA Centre of Excellence EU

Institute of Management

Oleksii Yehorchenkov, Slovak University of Technology in Bratislava

Doctor of Technical Science, Associate Professor

SPECTRA Centre of Excellence EU

Institute of Management

Iulia Khlevna, Taras Shevchenko National University of Kyiv

Doctor of Technical Sciences, Associate Professor

Department of Technology Management

Yevheniia Kataieva, Slovak University of Technology in Bratislava

PhD, Associate Professor, Researcher

Faculty of Informatics and Information Technologies

Institute of Informatics, Information Systems and Software Engineering

Lubomir Jamecny, Slovak University of Technology in Bratislava

PhD, Senior Researcher

Spatial Planning Department

Institute of Management

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Devising a multi-project approach to the formation of portfolios for restoration and development of territories within the concept of strategic investments and development packages of the STINBALEF project

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Published

2023-12-28

How to Cite

Teslia, I., Yehorchenkova, N., Yehorchenkov, O., Khlevna, I., Kataieva, Y., & Jamecny, L. (2023). Devising a multi-project approach to the formation of portfolios for restoration and development of territories within the concept of strategic investments and development packages of the STINBALEF project. Eastern-European Journal of Enterprise Technologies, 6(3 (126), 36–46. https://doi.org/10.15587/1729-4061.2023.291782

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Section

Control processes