A new model for optimising simultaneously projects selection and resource-constrained project scheduling problem

Maliheh Ganji, Mehdi Alinaghian and Seyed Mojtaba Sajadi

International Journal of Productivity and Quality Management, 2016, vol. 19, issue 4, 511-525

Abstract: The problem of project selection and scheduling is in combination with a few maximum amount of resource constraints and the net present values of the project modelling, analysis and solving. In this study, it is found that the number of available project should be given. Decision makers should consider a subset of these projects, regarding to time and resources limitations. A majority of project selection models do not consider process scheduling too. However, except for the cases in which only one project is active at a certain time during the project, it is not optimal to prioritise the selected projects regardless of their timing. The complexity of scheduling the activities of the selected portfolio of projects is more than the selection itself. Nevertheless, the study investigates all the aspects of both selection and scheduling at the same time in order to build up a comprehensive model.

Keywords: net present value; NPV; project portfolio; project selection; resource constrained project scheduling problem; RCPSP; resource constraints; project modelling. (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.inderscience.com/link.php?id=80155 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijpqma:v:19:y:2016:i:4:p:511-525

Access Statistics for this article

More articles in International Journal of Productivity and Quality Management from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().