Project and Portfolio Selection
Gündüz Ulusoy and
Öncü Hazır
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Gündüz Ulusoy: Sabancı University
Öncü Hazır: Rennes School of Business
Chapter Chapter 14 in An Introduction to Project Modeling and Planning, 2021, pp 407-456 from Springer
Abstract:
Abstract Selecting one or more projects out of a set of candidate projects to maintain a project portfolio under limited resources is a critical decision for organizations. The project selection problem is inherently a multi-objective problem and is treated as such in this Chapter. Several models and solution techniques including Analytic Hierarchy Process (AHP), Multi-Objective Linear Programming, Goal Programming are introduced. Sensitivity analysis of the solutions is performed. In addition to AHP, several multi-objective mathematical programming models are introduced for selecting the projects effectively. Finally, a case study that addresses a real life project portfolio selection and scheduling problem is presented.
Keywords: Project selection; Portfolio selection; Multi-criteria optimization; Analytic hierarchy process; Case study (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-030-61423-2_14
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DOI: 10.1007/978-3-030-61423-2_14
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