Selection of projects using a robust technique is rare as most the techniques are not considered useful due to limitation on number that can be selected well cost saving being selected. This study investigated validity hybrid model − integrated analytical hierarchy process-goal programming (AHP-GP) avoid project portfolio selection problems delaying community development.The proposed includes t...

In the science of operation research and decision theory, selection is the most important process. Selection is a process that studies multiple qualitative and quantitative criteria, related to the science of management, which are mostly incompatible with each other. The multi criteria selection of a renewable energy portfolio is one of the main issues considered in multi criteria literatur...

A company depends on the definition and implementation of a set of projects aligned with the vision established by its senior management to accomplish its strategies. To this set of projects is given the name of portfolio. This paper implements a collaborative tool to support the construction and selection of a project portfolio aligned with the corporate strategy. The tool is capable of modeli...

This paper presents a new model for project portfolio selection, paying specific attention to competence development. The model seeks to maximize a weighted average of economic gains from projects and strategic gains from the increment of desirable competencies. As a sub-problem, scheduling and staff assignment for a candidate set of selected projects must also be optimized. We provide a nonlin...

A decision support system (DSS) is developed to help managers select the most appropriate sequences of plans for product research and development (R&D) projects that have strict constraints on budget, time, and resources. The primary objective of the DSS is to provide an optimal combination of R&D projects. The DSS consists of several subsystems, each of which has a specific function. At the co...

Organizations must take decisions on how to allocate resources to `go/nogo' projects to maximize the value of their project portfolio. Often these decisions are complicated by several value criteria, multiple resource types and exogenous uncertainties that in uence the projects' values. Especially when the number of projects is large, the e ciency of the resource allocation and the quality of t...

In the science of operation research and decision theory, selection is the most important process. Selection is a process that studies multiple qualitative and quantitative criteria, related to the science of management, which are mostly incompatible with each other. The multi criteria selection of a renewable energy portfolio is one of the main issues considered in multi criteria literatur...

Project selection is a complex decision making process that is influenced by multiple and often conflicting objectives. The complexity of the project selection problem is due to the high number of projects from which a subset (portfolio) has to be chosen. We present a hybrid fuzzy rule-based multi-objective framework for sustainable project portfolio selection. The multiple and conflicting obje...

Project Portfolio Selection (PPS) is a kind of problem found in a variety of practical situations, such as research and development planning. Several different approaches have been proposed to deal with Project Portfolio Selection (PPS). However, the consideration on benefits synergies between projects is little addressed in the literature. The main focus of this paper is on synergy between pro...