MECHANISM FOR FORMING AN EFFECTIVE PORTFOLIO OF RESEARCH PROJECTS OF INSTITUTION OF HIGHER EDUCATION
AbstractThe subject matter of the article is the methods, models and mechanisms of forming a portfolio of research projects of higher education institutions. The goal of the work is to develop a mechanism for managing a portfolio of research projects of a higher education institution based on the commercialization of the results of scientific activities of the university based on a risk management system. The following tasks were solved in the article: analysis of the scientific management model of higher education institutions, the study of modern methods of managing portfolios of research projects of universities, the development of a mechanism for the formation of an effective portfolio of research projects of higher education institutions taking into account risks and the commercialization of scientific results. The following methods used are – project and portfolio management methods, systems theory and systems analysis, risk management methods. The following results were obtained – the mechanism for creating a portfolio of research projects taking into account the strategic goals of a higher education institution was developed, a consolidated plan for the implementation of scientific projects of a portfolio was created, a mechanism for managing a portfolio of research projects of a higher education institution was developed based on a grouping of projects according to risk criteria and the commercialization of scientific results. Conclusions: using the portfolio management mechanism will allow higher education institutions to form balanced portfolios of scientific projects, thereby more effectively implementing innovative programs taking into account risk criteria and the commercialization of scientific results. The most difficult task of the scientific project management system is the task of forming a portfolio of research projects. The portfolio of research projects of a higher education institution is valuable if it allows you to develop activities aimed at creating and strengthening competitive advantages. However, the university’s capabilities in terms of forming a portfolio of research projects are limited by available resources, as well as by the increasing complexity of developing the latest technologies that require the involvement of third-party organizations, because the possibilities of establishing a higher education for independent conduct and processing of the results of scientific activities are limited. At the stage of selection of research projects, a list of current projects is formed; an analysis of research projects in the portfolio is carried out for compliance with the strategic goals of the institution of higher education. By grouping research projects in a portfolio and forming the necessary criteria for the projects to correspond to a particular group (direction) of scientific research, the projects are linked both with each other and with the goals of a higher education institution, and the transparency of the formed portfolio of research projects is increased. At the stage of balancing research projects, resources are allocated in accordance with the directions of research projects and the objectives of the portfolio of projects of higher education institutions. At the same time, the portfolio should increase the share of research projects with high value for higher education institutions and the share of projects designed to bring higher education institutions dividends from the commercialization of scientific results (patent implementation) and reduce the share of high-cost research projects, as well as projects with high risks. The following criteria are used as the main criteria in balancing the portfolio of research projects of higher education institutions in work: expenses for the implementation of research projects; the value of projects for higher education institutions; project risk; proportion of projects in the portfolio.
Malyshkin, N. "University research management" ["Upravleniye nauchno- issledovatel'skoy deyatel'nost'yu v vuze"], available at : https://cyberleninka.ru/article/n/upravlenie-nauchno-issledovatelskoy-deyatelnostyu-v-vuze (last accessed 18.06.2019).
Piterska, V., Lohinov, O., Lohinova, L., (2019), "Portfolio method of scientific activity management of higher education institutions" ["Portfel'nyy metod upravleniya nauchnoy deyatel'nost'yu zavedeniy vysshego obrazovaniya"], Innovative Technologies and Scientific Solutions for Industries, No. 2 (8), P. 86–96. DOI: https://doi.org/10.30837/2522-9818.2019.8.086
Chumachenko, I., Docenko, N. (2011), "Formation of the holistic value of innovative projects and programs" ["Formirovaniye kholisticheskoy tsennosti innovatsionnykh proyektov i programm"], Eastern–European Journal of Enterprise Technologies, Vol. 1 (5), P. 14–16.
Bushuyev, S., Verenych, O. (2018), Organizational maturity and project: Program and portfolio success (Book Chapter), Developing Organizational Maturity for Effective Project Management, P. 2–24.
Pavlov, A, Chernov, S., Koshkin, K. (2006), Mathematical bases of project management of high-tech industries [Matematicheskiye osnovy upravleniya proyektami naukoyemkikh proizvodstv], Nikolaev, NUK, 200 p.
Chernov, S. (2005), "Synergistic effect of project management in high-tech production”, Project Management and Production Development, East-Ukrainian National University, Vol. 3. P. 57–62.
Bushuyev, S., Bushuev, D., Bushuyeva, N., Kozyr, B. (2018), "Information technologies for project management competences development on the basis of global trends", Information technology and learning tools, Vol. 68, No. 6, P. 218–234. DOI: https://doi.org/10.33407/itlt.v68i6.2684
Pіterska, V., Rudenko, S., Shakhov, A. (2018), "Development of the Method of Forming of the Architecture of the Innovation Program in the System "University-State-Business", International Journal of Engineering & Technology (UAE), Vol. 7 (4.3), P. 232–239. DOI: https://doi.org/10.14419/ijet.v7i4.3.19793
Vanyushkin, A. (2008), "Basis for the formation of a portfolio of high-risk projects" ["Osnovaniya dlya formirovaniya portfelya vysokoriskovykh proyektov"], Project Management and Production Development, No. 1 (25), P. 54–61.
Dulfer, E. (2002), Projekte und Projektmanagement im internationalen Kontext, Eine Einfuhrung, in: Projektmanagement international, Stuttgart, P. 2–30.
Kosenko, V., Gopejenko, V. and Persiyanova, E. (2019), "Models and applied information technology for supply logistics in the context of demand swings", Innovative Technologies and Scientific Solutions for Industries, No. 1 (7), P. 59–68. DOI: https://doi.org/10.30837/2522-9818.2019.7.059
Piterska, V., Kolesnikov, O., Lukianov, D., Kolesnikova, K., Gogunskii, V., Olekh, T., Shakhov, A., Rudenko, S. (2018), "Development of the Markovian model for the life cycle of a project’s benefits", Eastern–European Journal of Enterprise Technologies, Vol. 5/4 (95), P. 30–39. DOI: https://doi.org/10.15587/1729-4061.2018.145252
Kononenko, I. (2012), "Optimization of the project content according to the criteria of profit, time, cost, quality, risks" ["Optimizatsiya soderzhaniya proyekta po kriteriyam pribyl', vremya, stoimost', kachestvo, riski"], Eastern–European Journal of Enterprise Technologies, No. 1/10 (55), P. 13–15.
Kononenko, I. (2010), "Model and method for optimizing enterprise project portfolios for the planning period" ["Model' i metod optimizatsii portfeley proyektov predpriyatiya dlya planovogo perioda "], Eastern–European Journal of Enterprise Technologies, No. 1/2 (43), P. 9–11.
O’Connell, D. (2011), Harvesting External Innovation. Managing External Relationships and Intellectual Property, DATA-public, P. 21–26.
Pіterska, V., Shakhov, A. (2018), "Development of the Methodological Proposals for the Use of Innovative Risk-Based Mechanism in Transport System", International Journal of Engineering & Technology (UAE), Vol. 7 (4.3), P. 257–261. DOI: https://doi.org/10.14419/ijet.v7i4.3.20129
Kosenko, V., Persiyanova, E., Belotskyy, O. and Malyeyeva, O. (2017), "Methods of managing traffic distribution in information and communication networks of critical infrastructure systems", Innovative Technologies and Scientific Solutions for Industries, No. 2 (2), P. 48–55. DOI: https://doi.org/10.30837/2522-9818.2017.2.048
Bushuyeva, N. (2007), Models and methods of proactive management of organizational development programs [Modeli i metody proaktivnogo upravleniya programmami organizatsionnogo razvitiya], Кiev, Naukovii svit, 270 p.
Bushuyev, S., Murzabekova, A., Murzabekova, S., Khusainova, M. (2017), "Develop breakthrough competence of project managers based on entrepreneurship energy", Proceedings of the 12th International Scientific and Technical Conference on Computer Sciences and Information Technologies, CSIT 2017, P. 11–16. DOI: 10.1109/STC-CSIT.2017.8099420
Fonstein N. (2009), "Technology Transfer and Effective Implementation of Innovations", ANH, P. 175–196.
Shakhov, A., Piterskaya, V. (2008), "Optimization of Tariff Regulation of Customs-Transport Activities of Ukraine" ["Optimizatsiya tarifnogo regulirovaniya tamozhenno+transportnoy deyatel'nosti Ukrainy"], Method for Special Management of Transport Systems Development, No. 14, P. 183–196.
Eveleens C. (2010), "Innovation management; a literature review of innovation process models and their implications", Working Paper HAN University of Applied Sciences, Vol. 23, P. 112–121.
Chumachenko, I., Docenko, N., Kosenko, N., Sabadosh, L. (2011), "Formation of an adaptive project team" ["Formirovaniye adaptivnoy komandy proyekta"], Project management and development of production, Vol. (38), P. 67–71.
Piterskaya, V. (2016), "Application of a project-oriented approach in the management of innovation activities" ["Zastosuvannya proektno-oriyentovanoho pidkhodu v upravlinni innovatsiynoyu diyalʹnistyu"], Bulletin of the National Technical University "KhPI", Vol. 1 (1173), P. 35–42. DOI: https://doi.org/10.20998/2413-3000.2016.1173.7
Tanaka, K. (2014), "The integration of engineering and program management with the marine economy", Shipbuilding and Marine Infrastructure, Vol. 1 (1), P. 5–9. DOI: https://dx.doi.org/10.15589/smi20140108
Piterskaya, V., (2012), "On the problems of the development of scientific and technological parks in Ukraine" ["O problemakh razvitiya nauchno-tekhnologicheskikh parkov v Ukraine"], Problems of technology, No. 3, P. 104–114.
Abstract views: 92 PDF Downloads: 57
Our journal abides by the Creative Commons copyright rights and permissions for open access journals.
Authors who publish with this journal agree to the following terms:
Authors hold the copyright without restrictions and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License (CC BY-NC-SA 4.0) that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
Authors are able to enter into separate, additional contractual arrangements for the non-commercial and non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
Authors are permitted and encouraged to post their published work online (e.g., in institutional repositories or on their website) as it can lead to productive exchanges, as well as earlier and greater citation of published work.