Enterprise IT Project Portfolio Selection Framework Based on Cloud Model

The project portfolio selection is an important step in the process of project portfolio management, and needs to consider many interrelated factors. This paper based on enterprise strategy goal and aims at such the enterprise with characteristics of more IT projects and more complex project situation. This paper considers project's comprehensive return and proposes the specific evaluation system from aspects of finance, project delivery capacity and technical capability respectively. In this paper, the Delphi method is used to determine the weights, and the cloud model is used to convert qualitative assessment index into quantitative index to establish an effective IT project portfolio selection model. Based on project portfolio selection framework (PPSF), enterprises could choose the combined projects which conform to the enterprise strategic objectives, and further improve the enterprise's innovation efficiency and the competitive advantage.