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National Interests: Priorities and Security
 

Prioritization of healthcare projects

Vol. 11, Iss. 40, OCTOBER 2015

PDF  Article PDF Version

Received: 26 June 2015

Received in revised form: 13 July 2015

Accepted: 23 July 2015

Available online: 30 October 2015

Subject Heading: INNOVATION AND INVESTMENT

JEL Classification: 

Pages: 35-46

Stepanova E.A. Department of Endocrine Diseases, SANOFI Group, Moscow, Russian Federation
hlnstepanova@yandex.ru

Mikhailov A.Yu. Financial University under Government of Russian Federation, Moscow, Russian Federation
alexeyfa@ya.ru

Importance The article describes the new tools of project and investment management to improve performance indicators of formation of a portfolio of projects in medicine.
     Objectives The paper aims to describe the features of the application of portfolio management methods of medical projects for the optimal allocation of financial resources in the context of the Russian economy.
     Methods We consider how exactly the project management methodology can be applied to medical projects, we study the classification of medical projects, and we propose a method for prioritizing the projects of health institutions.
     Results We propose to use the prioritization method based on the Niven Priority Matrix and Rudenko-Romanenko project selection model. We considered the balanced scorecard used to evaluate the perspectives and priorities of healthcare institutions, investigated the role of project management in medical projects, and described the mechanism for choosing priority projects in resource-limited settings.
     Conclusions and Relevance We propose an alternative criterion for choosing priority projects, taking into account the interests of the parties and the strategic objectives of the institution. The criterion can be used to identify priority projects in Russian health services even in the face of unstable economic situation. The practical value of the work lies in structuring of the existing knowledge of the applicability of project management in the field of health and development of a model for selecting priority projects for Russian healthcare institutions.

Keywords: project portfolio, prioritization method, medical projects, resource allocation, balanced scorecard

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