Balancing strategic contributions and financial returns: a project portfolio selection model under uncertainty

被引：11

作者：

Guo, Yuntao ^{[1
]}

Wang, Lin ^{[1
]}

Li, Suike ^{[1
]}

Chen, Zhi ^{[1
]}

Cheng, Yin ^{[1
]}

机构：

[1] Northwestern Polytech Univ, Sch Management, 127 Youyi West Rd, Xian 710129, Shaanxi, Peoples R China

来源：

SOFT COMPUTING | 2018年 / 22卷 / 16期

基金：

中国国家自然科学基金;

关键词：

Objective trade-offs; Project portfolio selection; Fuzzy real options; Multi-objective genetic algorithm; REAL OPTIONS VALUATION; GENETIC ALGORITHMS; KNAPSACK-PROBLEM; PRODUCT DEVELOPMENT; FUZZY ENVIRONMENT; OPTIMIZATION; INVESTMENT; FRAMEWORK;

D O I：

10.1007/s00500-018-3294-7

中图分类号：

TP18 [人工智能理论];

学科分类号：

081104 ; 0812 ; 0835 ; 1405 ;

摘要：

This paper constructs a project portfolio selection model from the strategic perspective. Two goals are proposed for the portfolio to achieve, i.e., strategic contributions and financial returns. The uncertainties involved are addressed with fuzzy real options. Then, a modified multi-objective genetic algorithm is designed to determine the portfolios. Finally, a real case is provided to validate the model's effectiveness. The results demonstrate that the proposed algorithm can optimize two objectives simultaneously and keep the plausible Pareto-optimal set which wins over the single-objective model solutions in achieving the shared value.

引用

页码：5547 / 5559

页数：13

共 31 条

[1] Selecting balanced portfolios of R&D projects with interdependencies: A Cross-Entropy based methodology [J].

Abbassi, Mohammad ;

Ashrafi, Maryam ;

Tashnizi, Ebrahim Sharifi .

TECHNOVATION, 2014, 34 (01) :54-63

[2] MOTGA: A multiobjective Tchebycheff based genetic algorithm for the multidimensional knapsack problem [J].

Alves, Maria Joao ;

Almeida, Marla .

COMPUTERS & OPERATIONS RESEARCH, 2007, 34 (11) :3458-3470

[3] Static R&D project portfolio selection in public organizations [J].

Arratia M, N. M. ;

Lopez, F., I ;

Schaeffer, S. E. ;

Cruz-Reyes, L. .

DECISION SUPPORT SYSTEMS, 2016, 84 :53-63

[4] Real options valuation of fusion energy R&D programme [J].

Bednyagin, Denis ;

Gnansounou, Edgard .

ENERGY POLICY, 2011, 39 (01) :116-130

[5]

Bert De Reyck, 2005, International Journal of Project Management, V23, P524, DOI 10.1016/j.ijproman.2005.02.003

[6] Fuzzy R&D portfolio selection of interdependent projects [J].

Bhattacharyya, Rupak ;

Kumar, Pankaj ;

Kar, Samarjit .

COMPUTERS & MATHEMATICS WITH APPLICATIONS, 2011, 62 (10) :3857-3870

[7]

Birgisson I, 2012, THESIS

[8] An improved genetic algorithm based approach to solve constrained knapsack problem in fuzzy environment [J].

Changdar, Chiranjit ;

Mahapatra, G. S. ;

Pal, Rajat Kumar .

EXPERT SYSTEMS WITH APPLICATIONS, 2015, 42 (04) :2276-2286

[9] Strategic alignment and value maximization for IT project portfolios [J].

Chiang, I. Robert ;

Nunez, Manuel A. .

INFORMATION TECHNOLOGY & MANAGEMENT, 2013, 14 (02) :143-157

[10] Incorporation of implicit decision-maker preferences in multi-objective evolutionary optimization using a multi-criteria classification method [J].

Cruz-Reyes, Laura ;

Fernandez, Eduardo ;

Sanchez, Patricia ;

Coello Coello, Carlos A. ;

Gomez, Claudia .

APPLIED SOFT COMPUTING, 2017, 50 :48-57

← 1 2 3 4 →