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...

Fuzzy portfolio selection has resulted in many researchers to focus on this field. Based the risk attitudes, study discusses attitudes a decision group for selection. Therefore, we adopt describe experts’ preferences and subjective judgments, then suppose that seeker considers higher return an excess investment based selected guaranteed rate of return; averter shortage securities whose rates ar...

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...

credit allocation through the usage of portfolio optimization mainly seeks tomaximize return and minimize the risk of the portfolio; but there are other importantissues including sustainable development which is important for government/publicsectors. this paper presents a novel credit allocation approach based on portfoliooptimization and investigates the effects of selected indicators of sust...

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...