Optimal large-scale logistics project portfolio selection considering cascading failure among projects: A project termination strategy

Key Points

• Cascading failure can significantly impact project outcomes in a logistics portfolio, necessitating effective strategies.
• A well-defined project termination strategy increased overall efficiency by reducing risks associated with failing projects.
• Assessment of various portfolios indicates that managing interdependencies mitigates cascading failure risks effectively.
• Implementing these strategies could enhance decision-making in logistics, yet further empirical validation is essential.