Three Step Procedure for a Multiple Criteria Problem of Project Portfolio Scheduling

Three Step Procedure for a Multiple Criteria Problem of Project Portfolio Scheduling

The project portfolio scheduling problem as a multiple criteria decision making problem and a three step procedure to solve this problem have been presnted. In the first step, the problem was described by a multiple criteria mathematical model. Three criteria have been considered: minimization of th...

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Main Author: Bogumiła Krzeszowska
Format: Article
Language:English
Published: Wrocław University of Science and Technology 2013-01-01
Series:Operations Research and Decisions
Online Access:http://orduser.pwr.wroc.pl/DownloadFile.aspx?aid=1064
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spelling doaj-bf234b0c084d4f7a8cd47e68e4087ce42020-11-24T20:41:28ZengWrocław University of Science and TechnologyOperations Research and Decisions2081-88582391-60602013-01-01vol. 23no. 45574171283009Three Step Procedure for a Multiple Criteria Problem of Project Portfolio SchedulingBogumiła Krzeszowska0University of Economics in Katowice, PolandThe project portfolio scheduling problem as a multiple criteria decision making problem and a three step procedure to solve this problem have been presnted. In the first step, the problem was described by a multiple criteria mathematical model. Three criteria have been considered: minimization of the sum of penalties for projects delays, minimization of resource overuse and NPV maximization. In the second step, non-dominated solutions were identified by using an elitist evolutionary algorithm for multiple optimization. In the third step, an interactive procedure has been applied to choose the final solution. An example of a portfolio of IT projects was used for computations. (original abstract)http://orduser.pwr.wroc.pl/DownloadFile.aspx?aid=1064
collection DOAJ
language English
format Article
sources DOAJ
author Bogumiła Krzeszowska
spellingShingle Bogumiła Krzeszowska
Three Step Procedure for a Multiple Criteria Problem of Project Portfolio Scheduling
Operations Research and Decisions
author_facet Bogumiła Krzeszowska
author_sort Bogumiła Krzeszowska
title Three Step Procedure for a Multiple Criteria Problem of Project Portfolio Scheduling
title_short Three Step Procedure for a Multiple Criteria Problem of Project Portfolio Scheduling
title_full Three Step Procedure for a Multiple Criteria Problem of Project Portfolio Scheduling
title_fullStr Three Step Procedure for a Multiple Criteria Problem of Project Portfolio Scheduling
title_full_unstemmed Three Step Procedure for a Multiple Criteria Problem of Project Portfolio Scheduling
title_sort three step procedure for a multiple criteria problem of project portfolio scheduling
publisher Wrocław University of Science and Technology
series Operations Research and Decisions
issn 2081-8858
2391-6060
publishDate 2013-01-01
description The project portfolio scheduling problem as a multiple criteria decision making problem and a three step procedure to solve this problem have been presnted. In the first step, the problem was described by a multiple criteria mathematical model. Three criteria have been considered: minimization of the sum of penalties for projects delays, minimization of resource overuse and NPV maximization. In the second step, non-dominated solutions were identified by using an elitist evolutionary algorithm for multiple optimization. In the third step, an interactive procedure has been applied to choose the final solution. An example of a portfolio of IT projects was used for computations. (original abstract)
url http://orduser.pwr.wroc.pl/DownloadFile.aspx?aid=1064
work_keys_str_mv AT bogumiłakrzeszowska threestepprocedureforamultiplecriteriaproblemofprojectportfolioscheduling
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