tailieunhanh - Project portfolio selection problem with exponential synergistic effects

In this paper, an exponential function is considered for synergistic impact of the projects that make the problem more similar to the real-world problems. An illustrative example is used to demonstrate the appropriate application of the proposed model. | Project portfolio selection problem with exponential synergistic effects Journal of Project Management 4 2019 241 248 Contents lists available at GrowingScience Journal of Project Management homepage Project portfolio selection problem with exponential synergistic effects Mohammadamin Hemmatizadeha and Emran Mohammadia a Faculty of Industrial Engineering Iran University of Science amp Technology Tehran Iran CHRONICLE ABSTRACT Article history Project portfolio selection is a major issue in organizations which involves a complex pro- Received October 28 2018 cess from the first step to the end step of project selection. In order to pursue the organiza- Received in revised format No- tions financial and physical constraints choosing the most suitable portfolio of projects is vember 25 2018 necessary. Organizations have a number of constraints to select a portfolio of projects that Accepted January 23 2019 Available online must be considered. Different interactions are considered between the proposed projects. For January 23 2019 example resource constraints the possibility of transferring liquidity resources that are not Keywords consumed over a period to the next the interdependence between projects and the synergis- Project scheduling tic impact of the projects are important. In this paper an exponential function is considered Project portfolio for synergistic impact of the projects that make the problem more similar to the real-world Synergistic impact problems. An illustrative example is used to demonstrate the appropriate application of the proposed model. 2019 by the authors licensee Growing Science Canada. 1. Introduction A project is a complex effort and a project has to be completed in less than three years. Accom- plishment of any project is involved various tasks by different organizations Archer amp Ghasemzadeh 1999 . The portfolio is a collection of projects that either simultaneously or consist- ently must be considered during a

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