Roadmap Optimization: Multi-Annual Project Portfolio Selection Method

The process of project portfolio selection is crucial in many organizations, especially R&D organizations. There a need to make informed decisions on the investment various projects or lack thereof. As may continue over more than 1 year, and as there are connections between projects, not only decide which invest but also when invest. Since future benefits from be depreciated comparison with near-future ones, due interdependency among question allocating limited resources becomes quite complex. This research provides novel heuristic method for multi-annual planning horizons examines its results an exact branch bound solution ones. paper culminates efficient tool that can provide both practical academic benefits.