PORTFOLIO MANAGEMENT IN MEGAPROJECTS USING DATA ANALYSYS

Abstract

Megaprojects, defined as large-scale investment projects typically costing over $1 billion, are complex undertakings prone to issues such as cost overruns, schedule delays, and benefit shortfalls. Effective portfolio management has been proposed as a strategy to improve megaproject success rates. This article reviews literature on portfolio management techniques applied in megaproject contexts. A structured portfolio management approach can enhance governance, ensure strategic alignment, systematically assess risks/returns tradeoffs, allocate resources optimally, and apply standardized processes across multiple projects.