A multiobjective fuzzy model for selecting and planning a project portfolio in a public organisation

Fátima Pérez, Rafael Caballero, Ana F. Carazo, Trinidad Gómez and Vicente Liern

International Journal of Engineering Management and Economics, 2015, vol. 5, issue 1/2, 48-58

Abstract: Our purpose in this paper is to assist decision-makers in the task of selecting project portfolios to satisfy their requirements and guarantee profitable growth. This task usually involves decision-makers having to face multiple objectives and constraints, as well as the uncertainty associated with certain parameters of the problem. Therefore, in this paper, we propose a multiobjective programming model, which includes uncertainty through the use of fuzzy parameters and allows us to represent information not fully known by the decision-makers. The resulting model has been applied to a project portfolio selection process in a public organisation.

Keywords: project portfolio selection; fuzzy numbers; multiobjective programming; public organisations; fuzzy modelling; project planning; project portfolios. (search for similar items in EconPapers)
Date: 2015
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