How is it possible to derive the superior IT investment portfolio? One main identified research objective in IT portfolio management (ITPM) is to manage a set of IT assets, similar to manage a financial portfolio to attain the superior return and risk. Among various IT assets, the investment in IT project is particularly critical. In finance, the concept of portfolio selectivity generally refers to the degree to which managers are able to select the superior set of assets to invest.

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... since IT project investments and financial assets seem to involve very different characteristics in many aspects, the research that investigates the mechanisms of leading to the selection of the superior IT project investment portfolios remains unclear in both literature and practice.