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A HYBRID PROJECT PORTFOLIO MANAGEMENT FRAMEWORK FOR GREEN SCIENCE INITIATIVES IN THE PUBLIC SECTOR
Abstract
This article proposes a hybrid project portfolio management model tailored to the needs of public institutions. This hybrid model integrates the predictability and regulatory compliance of traditional project management (the waterfall method) with the flexibility and responsiveness that underpin Agile methodologies. This hybrid model optimizes the simultaneous implementation of infrastructure, environmental, and digital transformation projects each with its distinct lifecycle and management requirements within a unified portfolio framework. Drawing on institutional case studies and recent literature, the article demonstrates how hybrid models facilitate compliance with EU sustainability indicators (e.g., CO2 emission reduction, circular economy indicators) while simultaneously increasing adaptability and delivering value to stakeholders. Examples were given of how indicators can be used to assess the scope of environmental sustainability activities in public institutions. The paper highlights examples of IT tools that significantly improve the effectiveness of project portfolio monitoring and control from a strategic perspective. The final focus of this work is the crucial role of artificial intelligence (AI) and IT platforms in supporting hybrid project management (PPM) through predictive analytics, risk modeling, progress monitoring, and improved decision-making. The proposed model fills a gap in existing research on agile integration in the public sector, emphasizing the need for process-based, strategic alignment of EU-funded project portfolios. The use of artificial intelligence and IT platforms to support hybrid project management was also demonstrated. The research findings confirm a paradigm shift in public management - from rigid structures to adaptive ecosystems capable of responding to complex environmental, social, and governance (ESG) challenges. The article highlighted the challenges and barriers to implementing the hybrid model in public institutions.
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