Optimum Project Portfolio Selection for Developmental Plans Using Goal Programming

Hameed Al Qaheri, Mohamad Kamal El Din Ahmad Hasan and Mohammad Zainal
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Hameed Al Qaheri: Kuwait University, Kuwait
Mohamad Kamal El Din Ahmad Hasan: Kuwait University, Kuwait
Mohammad Zainal: Kuwait University, Kuwait

International Journal of Operations Research and Information Systems (IJORIS), 2021, vol. 12, issue 4, 1-35

Abstract: In vision-driven development plans, such as the Kuwait Mid-Range Development Plan 2015/2016–2019/2020, themes and pillars are derived from the plan's vision, and global indices are assigned by international organizations to accurately measure the performance against the vision's themes. This allows for comparison with other countries, and it also set targets for progression over time. One or more projects are assigned to the indicators of these global indices. A Multi-Criteria Mathematical Programming Technique (e.g., Goal Programming) is used with multiple goals and priorities where an Optimal Portfolio of Projects is found that satisfied the selection criteria.

Date: 2021
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