A MULTICRITERIA DECISION SUPPORT SYSTEM FOR COMPETENCE-DRIVEN PROJECT PORTFOLIO SELECTION

Christian Stummer, Elmar Kiesling () and Walter J. Gutjahr ()
Additional contact information
Elmar Kiesling: Department of Business Administration, University of Vienna, Bruenner Str. 72, A-1210 Vienna, Austria
Walter J. Gutjahr: Department of Statistics and Decision Support Systems, University of Vienna, Universitaetsstr. 5/3, A-1010 Vienna, Austria

International Journal of Information Technology & Decision Making (IJITDM), 2009, vol. 08, issue 02, 379-401

Abstract: The systematic and proactive development of human resources is of major importance in organizations that rely heavily on the competencies of their employees when engaging in innovative endeavors. Human capital, however, is not only a resource required for conducting research, but also the eventual result of that research. When selecting a research portfolio, the decision-maker (DM) thus needs to take into consideration both current and future competence requirements, as well as other financial and nonfinancial objectives and constraints. We introduce a proper multicriteria decision support system (MCDSS) that first determines the set of Pareto-efficient solutions and then allows the DM to interactively filter and/or explore this set in various ways. Its practical application is demonstrated by means of a showcase at the Electronic Commerce Competence Center (EC3) in Vienna, Austria.

Keywords: Multicriteria decision support system; interactive decision analysis; project portfolio selection; competence development; visual interfaces; interactive navigation (search for similar items in EconPapers)
Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S0219622009003429
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:wsi:ijitdm:v:08:y:2009:i:02:n:s0219622009003429

Ordering information: This journal article can be ordered from

DOI: 10.1142/S0219622009003429

Access Statistics for this article

International Journal of Information Technology & Decision Making (IJITDM) is currently edited by Yong Shi

More articles in International Journal of Information Technology & Decision Making (IJITDM) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().