Learn More
In decision analysis, difficulties of obtaining complete information about model parameters make it advisable to seek robust solutions that perform reasonably well across the full range of feasible parameter values. In this paper, we develop the Robust Portfolio Modeling (RPM) methodology which extends Preference Programming methods into portfolio problems(More)
supports project portfolio selection in the presence of multiple evaluation criteria and incomplete information. In this paper, we extend RPM to account for project interdependencies, incomplete cost information and variable budget levels. These extensions lead to a multi-objective zero-one linear programming problem with interval-valued objective function(More)
supports project portfolio selection in the presence of multiple evaluation criteria and incomplete information. In this paper, we extend RPM to account for project interdependencies, incomplete cost information and variable budget levels. These extensions lead to a multi-objective zero-one linear programming problem with interval-valued objective function(More)
Project portfolios for the annual maintenance of infrastructure assets may contain dozens of projects which are selected out of hundreds of candidate projects. When selecting these projects, it is necessary to account for multiple evaluation criteria, project interdependencies, and uncertainties about project performance as well as financial and other(More)
of licentiate thesis Department of engineering physics and mathematics Abstract: Multicriteria project evaluation and resource allocation decisions are central and recurrent activities in business and public administration alike. These problems are typically characterized by large number of project proposals, portfolio balance requirements and other(More)
This thesis is concerned with the problem of choosing a subset of projects, a project portfolio, from a large set of multicriteria proposals subject to scarce resources. The overall value of each project is modeled through an additive weighting model, and the value of a portfolio is the normalized sum of its constituent projects' values. Various strategic(More)
Foreword From 1997 onwards, the Finnish Government decided to allocate additional funding to research and development and launch a new type of programmes, cluster programmes. The Finnish Forest Cluster Programme (Wood Wisdom) is one of these eight cluster programmes. The aim of the cluster programmes is to generate new knowledge and services by breaking the(More)
  • 1