Proceedings of the Fourth International Workshop on Knowledge Discovery, Knowledge Management and Decision Support

Project Ranking-Based Portfolio Selection Using Evolutionary Multiobjective Optimization of a Vector Proxy Impact Measure

Authors
S. Samantha Bastiani, Laura Cruz, Eduardo Fernandez, Claudia Gómez, Victoria Ruiz
Corresponding Author
S. Samantha Bastiani
Available Online October 2013.
DOI
https://doi.org/10.2991/.2013.28How to use a DOI?
Keywords
Project portfolio selection; Multi-objective optimization; Multi-criteria analysis
Abstract
Selecting project portfolios Decision-Maker usually starts with limited information about projects and portfo-lios. One of the challenges involved in analyzing, search-ing and selecting the best portfolio is having a method to evaluate the impact of every project and portfolio in order to compare them. This paper develops a model for composing public-oriented project portfolios. Information concerning the quality of the projects is in the form of a project-ranking, which can be obtained by the application of a proper mul-ti-criteria method; however the ranking does not assume an appropriate evaluation. A best portfolio is primarily found through a multi-objective optimization that regards the impact indicators that reflect the quality of the pro-jects in the portfolio and competent portfolios’ cardinali-ties. Overall good solutions are obtained by developing an evolutionary method, which is found to perform well in some test examples.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Proceedings
Fourth International Workshop on Knowledge Discovery, Knowledge Management and Decision Support
Part of series
Advances in Intelligent Systems Research
Publication Date
October 2013
ISBN
978-90-78677-86-4
ISSN
1951-6851
DOI
https://doi.org/10.2991/.2013.28How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - S. Samantha Bastiani
AU  - Laura Cruz
AU  - Eduardo Fernandez
AU  - Claudia Gómez
AU  - Victoria Ruiz
PY  - 2013/10
DA  - 2013/10
TI  - Project Ranking-Based Portfolio Selection Using Evolutionary Multiobjective Optimization of a Vector Proxy Impact Measure
BT  - Fourth International Workshop on Knowledge Discovery, Knowledge Management and Decision Support
PB  - Atlantis Press
SP  - 232
EP  - 240
SN  - 1951-6851
UR  - https://doi.org/10.2991/.2013.28
DO  - https://doi.org/10.2991/.2013.28
ID  - Bastiani2013/10
ER  -