• Publications
  • Influence
Preference programming for robust portfolio modeling and project selection
tl;dr
We develop the Robust Portfolio Modeling (RPM) methodology which extends Preference Programming methods into portfolio problems where a subset of project proposals are funded in view of multiple evaluation criteria. Expand
  • 250
  • 17
  • Open Access
Robust portfolio modeling with incomplete cost information and project interdependencies
tl;dr
We extend the Robust portfolio modeling framework to account for project interdependencies, incomplete cost information and variable budget levels. Expand
  • 203
  • 8
  • Open Access
Combining a Multiattribute Value Function with an Optimization Model: An Application to Dynamic Resource Allocation for Infrastructure Maintenance
  • P. Mild, A. Salo
  • Economics, Computer Science
  • Decis. Anal.
  • 1 September 2009
tl;dr
A key decision in infrastructure management is the allocation of resources to maintenance activities that consist of periodic rehabilitation actions and routine day-to-day operations and compete for resources from the same budget. Expand
  • 43
  • 3
Exploring Causal Relationships in an Innovation Program with Robust Portfolio Modeling
Many countries seek to foster the commercial exploitation of sci- ence-based research results through selective policy instruments. Typically, these instruments involve processes of follow-up dataExpand
  • 26
  • 2
  • Open Access
Selecting infrastructure maintenance projects with Robust Portfolio Modeling
tl;dr
We report how Robust Portfolio Modeling has been used repeatedly at the Finnish Transport Agency (FTA) for bridge maintenance programming. Expand
  • 24
  • Open Access
Prospective Evaluation of a Cluster Pr o gramme for Finnish Forestry and Forest Industries
In this paper, we report a prospective evaluation process for a major research program for the Finnish forestry and forest industries. To a significant extent, this process was based on fifteenExpand
  • 16
  • Open Access
Incomplete Cost and Budget Information in Robust Portfolio Modeling
Robust Portfolio Modeling (RPM) supports project portfolio selection in view of scarce resources, multiple criteria and incomplete preference information. We extend this methodology to account forExpand
A Dynamic Model for Multi-Criteria Resource Allocation at the Finnish Road Administration
Resource allocation decisions in road management have far-reaching impacts on asset values and future service levels. We present an award- winning decision model to help senior managers at theExpand
An Integrated Resource Allocation Model for Infrastructure Maintenance
A key decision in infrastructure management is the allocation of resources to maintenance activities which consist of periodic rehabilitation actions and routine day-to-day operations. This decisionExpand