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Sustainability in project portfolios: a scoping literature review for the transport sector

Arianna Minoretti · Agnar Johansen · Paulos Abebe Wondimu

2 citations0/0 files storedIOP Conference Series Earth and Environmental Science

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transportation and logistics systems Construction Project Management and Performance Construction Management and Sustainability

Abstract

Abstract Sustainable transport is one of the strategic goals of public roads administrations. The Norwegian Public Roads Administration is working to develop a sustainable portfolio of projects. Literature on sustainable portfolio management for the infrastructure sector could help in developing strategies for portfolio management and succeed the challenges. The purpose of the paper is to identify existing literature on sustainable portfolio management in the transport sector and identify key findings in the existing literature. A literature review is performed by combining the three main keywords of “portfolio management”, “sustainability” and “infrastructure”. Structured search is performed in scientific databases, such as Google Scholar, Scopus and Web of Science, considering relevant keywords’ synonyms and using string combinations. The study shows that there is scarce relevant literature dealing with the topic of interest, combining all the chosen keywords. Partial combinations of the keywords are investigated. The results provide five key findings on the paper’s topic. First, the existing literature on Portfolio Management focused on sustainability is more on energy, finance, data, or product fields, and is seldom related to infrastructure. Second, the literature focuses more on project portfolio selection than on portfolio management. Third, when the literature focuses on constructions, different sets of criteria are used to identify sustainability. As a result, sustainability does not have a unique definition. Fourth, there is little available literature on tools and methodologies for using a set of criteria to select projects specific to the transport sector. Fifth, there is no unison agreement in the literature on which tools and methodologies to use for Portfolio Management in the infrastructure sector. In conclusion, the paper identifies a gap in Portfolio Management focused on sustainability in the infrastructure sector.

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References

2018PRISMA Extension for Scoping Reviews (PRISMA-ScR): Checklist and Explanation 2002Combining value and project management into an effective programme management model 2010What’s in a name: Project or programme?2012Is strategy being implemented through projects? Contrary evidence from a leader in New Public Management 2016Incorporating carbon footprint with activity-based costing constraints into sustainable public transport infrastructure project decisions 2013Proposed framework for sustainability screening of urban transport projects in developing countries: A case study of Accra, Ghana 2020A systematic review of indicators to assess the sustainability of road infrastructure projects 2022The Megaproject-based Firm: Building programme management capability to deliver megaprojects

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