Identification and Prioritization of Criteria for Selecting the Optimal Portfolio of Information Technology Projects in Iran’s Banking Industry

Authors

    Abolfazl Shamsirahni Department of Industrial Management, Kish International Branch, Islamic Azad University, Kish Island, Iran
    Mahmoud Modiri * Department of Industrial Management, South Tehran Branch, Islamic Azad University, Tehran, Iran m_modiri@azad.ac.ir
    Kiamars Fathi Hafshejan Assistant Professor, Department of Industrial Management, South Tehran Branch, Islamic Azad University, Tehran, Iran
https://doi.org/10.61838/kman.jtesm.3.5.1

Keywords:

Information technology projects, banking industry, fuzzy Delphi technique, DEMATEL technique

Abstract

The increasing use of information technology in financial and banking services continues, and the challenge of better managing information technology projects to maximize their economic benefits remains unresolved. Therefore, this study aimed to identify and prioritize the criteria for selecting the optimal portfolio of information technology projects in Iran’s banking industry using both quantitative and qualitative methods. For this purpose, the research sample included experts (university professors and senior managers in the information technology management sector of the banking industry), selected through the snowball sampling method (n=12). In addition, for data analysis, first, the final criteria of the model were determined using the fuzzy Delphi technique, and then the criteria were prioritized using the DEMATEL technique. The results of the fuzzy Delphi technique indicated that the criteria for selecting the portfolio of information technology projects in Iran’s banking industry consist of 5 main criteria (organizational, environmental, economic, technical, and risk-related) and 18 sub-criteria. The results of the DEMATEL technique further revealed that among the main criteria, the risk criterion, and among the sub-criteria, low security risk, hold the highest importance.

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Published

2024-12-21

Submitted

2025-05-03

Revised

2025-07-25

Accepted

2025-08-02

Issue

Section

پژوهشی اصیل

How to Cite

Shamsirahni , A. ., Modiri , M., & Fathi Hafshejan, K. (2024). Identification and Prioritization of Criteria for Selecting the Optimal Portfolio of Information Technology Projects in Iran’s Banking Industry. Journal of Technology in Entrepreneurship and Strategic Management (JTESM), 3(5), 1-14. https://doi.org/10.61838/kman.jtesm.3.5.1

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