Monitoring the Financial Status of an Organization, for Updating the Optimal Projects Portfolio of that Organization (Case Study of Dena Holding )

Iman Naderi¹

1) M.Sc. Student of Industrial Engineering – Project Management, Amirkabir University of Technology (Tehran Polytechnic), Tehran, Iran - E-mail:

IOI Code : XBAF-EKBAC
Publication : Second International Conference on Innovations in Business administration and Economics(ibaeconf.com)
Abstract :
    One of the most common methods for optimal projects management is Projects Portfolio Management . Projects Portfolio Management is a useful way for organizations to use their limited resources to better achieve their Strategic Goals and move toward Organizational Excellence . Nowadays, selecting and updating the optimal projects portfolios in project-based organizations has become one of the most important and challenging issues. The purpose of this research is to determine the optimal projects portfolio of an organization for a specific period of time, Monitoring the Financial Status of that organization during this period, and then updating the optimal projects portfolio for the next period. In this research, Dena Holding has been studied as an Iranian project-based organization. Moreover, a developed framework has been used to determine the optimal projects portfolio, in which Multi-Criteria Decision-Making (MCDM) methods and technics have been used as a tool. Furthermore, Financial Ratios have been used for Monitoring the Financial Status . The main finding of this research is that it should always be taken into consideration that internal and external factors threaten the success of organizations by affecting factors such as Financial Status . Therefore, organizations risks and unknown internal and external factors should always be considered and for maintaining the organizations optimal projects portfolios, they should dynamically be updated considering those factors.

Keywords : projects portfolio management strategic management and planning multi criteria decision making monitoring financial status financial ratios